Blackstone-backed and Bangalore-based Mphasis Limited, which provides cloud and digital services to companies announced the acquisition of Seattle-based Blink Interactive Inc., for $94 million in cash. Founded in 2000, Blink is a User Experience (UX) research, strategy, and design firm that provides design consultancy to enterprises to create transformative...
Blackstone-Owned Mphasis Acquires Stelligent Systems LLC
Bangalore, India-based Mphasis Limited, an IT company that is majority-owned by private equity firm Blackstone, has acquired Reston VA-based automation company Stelligent Systems LLC in an all-cash deal worth $25 million. "Our engineers will greatly benefit from being part of a larger, complementary tech-centric community; as well as serve enterprises...