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Mastek To Acquire Bizanalytica, Scaling Digital, Data Cloud And Generative Ai Capabilities With Expanded Global Footprint

Jul 19, 2023

Acquiring Company

Mastek

Acquired Company

BizAnalyticaScaling DigitalData Cloud

Information TechnologyArtificial Intelligenceinformation technology & services

Description

BizAnalytica, an industry-leading data cloud and modernization solutions provider, announced today that it has entered into a definitive agreement to be acquired by Mastek (NSE: MASTEK; BSE: 523704), a Turnkey & Trusted Digital Engineering & Cloud Transformation Partner. With this acquisition, BizAnalytica will scale new heights with global exposure in 40+ countries and access to an array of service portfolios with ~6000 diverse workforce committed to deliver business value for clients.

Quick answer

Mastek is acquiring BizAnalyticaScaling DigitalData Cloud and Generative AI Capabilities, announced July 19, 2023.

How much did Mastek pay for BizAnalyticaScaling DigitalData Cloud?
The deal value was not disclosed.
What does Mastek do?
Mastek Limited is a global specialist in enterprise digital and cloud transformation, based in Mumbai, India.
Who are the decision-makers at Mastek?
Fundz holds 1 contact at Mastek. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Mastek

About

Mastek Limited is a global specialist in enterprise digital and cloud transformation, based in Mumbai, India. Founded in 1982, the company has over 40 years of experience and operates in more than 40 countries, including key markets like the UK, US, and Europe. Mastek is publicly listed on the Bombay Stock Exchange and the National Stock Exchange of India. The company offers a wide range of technology services, including digital commerce, application development, enterprise resource planning, and cloud migration. Mastek has a strong focus on cloud transformation, with over 2,500 cloud implementations worldwide. It has developed proprietary platforms such as Majesco, an insurance platform, and has worked on significant projects for government entities like the UK National Health Service. Mastek serves various sectors, including healthcare, financial services, and manufacturing, with a diverse customer base of over 1,500 active clients. The company is committed to ethical practices and innovation, supported by its Mastek Foundation, which focuses on social responsibility initiatives.

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Frequently asked

Who acquired BizAnalyticaScaling DigitalData Cloud?

BizAnalyticaScaling DigitalData Cloud was acquired by Mastek. The deal was reported on July 19, 2023. Mastek Limited is a global specialist in enterprise digital and cloud transformation, based in Mumbai, India. Mastek is privately held and operates in Information Technology.

When did Mastek acquire BizAnalyticaScaling DigitalData Cloud?

Mastek's acquisition of BizAnalyticaScaling DigitalData Cloud was reported on July 19, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does BizAnalyticaScaling DigitalData Cloud do?

BizAnalyticaScaling DigitalData Cloud is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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