In New Delhi: MphasiS has reached a definitive agreement to acquire Fortify Infrastructure Services, a global provider of offshore based Remote IT Operations and Management (ROM) Services.
According to the official release, the acquisition willenable MphasiS access to marquee customers, an experienced management team, a talent pool of highly specialized professionals and a proven platform to provide ROM services. This will be part of a new business unit which focuses on ROM services.
"This acquisition will catapult us ahead as a provider of offshore based ROM services. Mid Market customers are looking for partners to solve the challenges of operating and managing their IT. We see this as our sweet spot to provide cost effective and outcome based ROM services." Ganesh Ayyar, CEO, MphasiS said.
"Our proven industry track record in providing outcome-based ROM services, coupled with MphasiS' rich expertise and leading offshore capability will provide Mid Market customers a flexible, high-value operations management platform that is focused on achieving their business objectives," Rajkumar Velagapudi, CEO, Fortify said.
MphasiS will be acquiring a 100 percent equity stake in Fortify Infrastructure Services in an all-cash transaction.
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