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Home Gadgets Mphasis Consulting acquires UK-based Datalytyx for up to 13.3 million pounds

Mphasis Consulting acquires UK-based Datalytyx for up to 13.3 million pounds


New Delhi: IT agency Mphasis on Thursday mentioned its subsidiary Mphasis Consulting has acquired UK-based Datalytyx for as much as 13.3 million kilos (about Rs 130.4 crore). The acquisition is anticipated to supply entry to strengthen Mphasis next-generation Knowledge GTM Technique and supply increased worth partnership standing with Snowflake and Talend for cloud-based information companies, a regulatory submitting mentioned.

The acquisition additionally offers entry to extremely expert information professionals and gross sales professionals, thereby creating an offshore pool of Snowflake and Talend experience, it added.

The transaction for acquisition of 100 per cent curiosity within the Datalytyx for as much as 13.3 million kilos closed on November 19, 2020 consequent to signing of the definitive settlement, the submitting mentioned.

Headquartered in London, Datalytyx offers information engineering, information ops and grasp information administration options on Snowflake and Talend environments to shoppers globally. It was based in 2014, as a merger of Dynamyx Ltd and Managed Service Solutions Ltd.

“Each enterprise wants the power to show uncooked information into actionable data at scale, the current worldwide disaster has solely accelerated this want. Knowledge and analytics mixed with synthetic intelligence will proceed to play a dominant function to foretell, put together and reply to altering wants of the enterprise,” Mphasis CEO and Government Director Nitin Rakesh mentioned.

He added that along with Datalytyx and its extremely expert information professionals, Mphasis is distinctively positioned to additional gasoline its worldwide shoppers’ transformational initiatives.

“This acquisition won’t solely strengthen our next-gen information technique however can even be a big milestone in our journey to construct capabilities related to the digital priorities of our shoppers,” he mentioned.

John Webb, co-founder of Datalytyx, mentioned the collective imaginative and prescient and capabilities will lay a powerful basis for the longer term.

“Our mixed experience shall be central to Mphasis’ next-gen information technique and can additional drive our shoppers’ digital transformation in International markets,” he mentioned.

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