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Economy & Banking Current Affairs July 2016

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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Mansi Agarwal
Mansi Agarwal

Hey, I am Mansi Agarwal - owner of this site. I am basically from Lucknow. I did B.Tech and now working as a full time blogger. Blogging is my passion and my permanent job also. If you have any suggestion for the improvement of this site then feel free to tell me. You can connect with me on FB and Twitter for more updates.

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