INDIA – Mphasis (BSE: 526299; NSE: MPHASIS), a Bangalore, India-based information technology (IT) solutions provider specializing in cloud and cognitive services, acquired Silverline, a NYC-based provider of a digital transformation consultancy and Salesforce partner.
The amount of the deal was not disclosed.With the acquisition, Mphasis will reinforce its position as an end-to-end Salesforce enterprise cloud solutions and services provider, offering clients capabilities for cloud-first digital transformation.Established in 2009 and led by CEO Gireesh Sonnad, Silverline guides clients through every stage of their digital transformation journey with consulting and advisory services, implementation and managed services, and specialty capabilities provided by over 400 experienced specialists around the world. By leveraging its expertise in the full suite of Salesforce technology and deep industry knowledge, the company helps organizations take a data-driven and technology-focused approach to better connect with and serve their customers. Silverline brings to Mphasis global Salesforce expertise, industry knowledge, solution assets underpinned by deep ecosystem expertise across a variety of industries including financial services, retail, healthcare, life sciences and media & entertainment. Led by CEO Nitin Rakesh, Mphasis provides design, architecture, and engineering services, to deliver scalable and sustainable software and technology solutions. Its Front2Back™ Transformation approach uses the cloud and cognitive computing to provide a (C=X2C2TM=1) digital experience to clients and their end customers. It helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise.13/10/2023
