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IT outsourcing News

Blackstone Group

04 Apr 2016

Blackstone takes control of Mphasis in up to $1.1 billion deal

Blackstone Group is buying a majority stake in Indian IT outsourcing services provider Mphasis Ltd from Hewlett Packard Enterprise Co in an up to $1.1 billion deal, in the US asset manager`s single-biggest investment in India

18 Nov 2014

IBM wins $1.25 bn 7-year IT outsourcing deal from Lufthansa

Tech major IBM Tuesday announced that it has signed a seven-year 1 billion Euro (about USD 1.25 billion) outsourcing contract to deliver IT infrastructure services for Deutsche Lufthansa AG and its group companies.

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