Tech Mahindra Acquired ‘BIO’
- Technology services provider Tech Mahindra Limited acquired UK-based digital transformation firm The BIO Agency Limited, strengthening an important focus area for the company on June 22, 2016.
- The payment of 22 million pounds and the surplus cash (£ 5 million) will be made upfront and the balance as deferred payments based on company performance.
- Tech Mahindra will acquire 100% of shares in BP0. The acquisition will augment Tech Mahindra’s digital portfolio, enabling it to offer digital strategy, service design and customer experience services.
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