Activus Connect, formed in 2018, has about 1,750 employees and had revenues of $17 million in the US fiscal year ended December 31, 2020.
New Mumbai : Information technology company Tech Mahindra has bought 100 percent stake in Activus Connect of America for about Rs 466 crore. Tech Mahindra gave this information on Friday in the information given to the stock market. According to this, the acquisition of Activus Connect, an American company that serves consumers at home, will strengthen Tech Mahindra in the field of workplace solutions.
Activus Connect, formed in 2018, has about 1,750 employees and had revenues of $17 million in the US fiscal year ended December 31, 2020.
How Tech Mahindra will benefit from this deal
Tech Mahindra said in a statement that this acquisition will enhance Tech Mahindra's capabilities in emerging workplace solutions and strengthen the end-to-end CX portfolio. This acquisition will enable Tech Mahindra to offer customers across multiple verticals including multilingual, multichannel, voice and non-voice customer care, sales, retention, social media moderation and technical support.
