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Indian IT firm buys US startup Stelligent for $25 million

Indian IT firm buys US startup Stelligent for $25 million

Indian information technology (IT) company Mphasis has acquired US-based cloud automation startup Stelligent for $25 million in an all-cash deal. Mphasis CEO Nitin Rakesh said that the acquisition will help the company to take advantage of cloud automation in product development and product engineering. Founded in 2007, Stelligent specialises in ‘DevOps automation’ on Amazon Web Services (AWS).

Source: TechCircle

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