Webb23 jan. 2024 · by Joe Panettieri • Jan 23, 2024. Tech Mahindra has acquired CTC ( Com Tec Co IT ), an IT solutions and service provider for customers within the insurance and … Webb18 jan. 2024 · Tech Mahindra has acquired 100% stake in European IT firm Com Tec Co for €310 million! CTC is an IT solutions and services provider catering to the insurance and financial services …
Tech Mahindra acquires 100% stake in Allyis India and Green Investments
Webb31 dec. 2024 · IT services major Tech Mahindra today announced the acquisition of 100 per cent stake of Allyis India and Green Investments for $125 million in an all cash deal. So far the company has invested close to $500 million in seven acquisitions in FY22. TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. Subscribe To … Webb18 jan. 2024 · Tech Mahindra Ltd has agreed to acquire European digital engineering company Com Tec Co IT Ltd (CTC), as the Indian IT services company continues to buy overseas assets to expand its operations and beef up its skillsets. Mumbai-listed Tech Mahindra said it has agreed to pay €310 million (about $350 million or Rs 2,630 crore) in … david tan medical aesthetics
Tech Mahindra Bets Big on Digitally Transforming Insurance …
WebbGiven the size of the acquisition (<2% of Tech Mahindra’s revenue), we do not expect any meaningful revision to our earnings estimates. We have a Buy rating on the stock with a TP of Rs1,930 at 25x Dec’23E EPS. Please see our sector model portfolio (Emkay Alpha Portfolio): Information Technology (Page 6) Relative price chart Source: Bloomberg Webb20 jan. 2024 · The CTC acquisition, for instance, is part of recent efforts by Tech Mahindra to scale its offshore operations. The company has now made about 10 acquisitions in under 12 months. Early last year, it acquired two companies—US-based Infostar LLC (Lodestone) and London-based We Make Websites Ltd, for $105 million and £9.4 million … Webb18 jan. 2024 · Tech Mahindra’s Vivek Agarwal explains logic of CTC acquisition “We expect to be able to sell a lot of service line offerings from Tech Mahindra into the client base at CTC as well as take forward the deep domain expertise in the insurance industry from CTC into our client base. ” 18 Jan, 2024, 02:21 PM IST david tanis city kitchen