Mphasis acquires U.S. firm Fortify Infrastructure Services

Mid-market Bangalore based applications and BPO Company, Mphasis Limited, is acquiring Fortify Infrastructure Services Inc, an offshore remote IT operations and management (ROM) services firm in the US. The deal is a combination of upfront payment of $15 million by Mphasis and earnouts. The revenue of privately-held Fortify is understood to be in the region of $20 million... read more »