Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Mphasis strengthens Salesforce capabilities with acquisition of Silverline, a Salesforce partner

Posted On: 2023-10-13 10:44:49 (Time Zone: IST)


Mphasis; (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced today its acquisition of Silverline, a digital transformation consultancy and Salesforce partner. Established in 2009 with its headquarters in New York City, Silverline guides clients through every stage of their digital transformation journey with consulting and advisory services, implementation and managed services, and specialty capabilities.

By leveraging its expertise in the full suite of Salesforce technology and deep industry knowledge, Silverline helps organizations take a data-driven and technology-focused approach to better connect with and serve their customers. With over 400 experienced specialists around the world delivering thousands of successful transformations, Silverline provides value with the Salesforce platform.

Silverline brings to Mphasis global Salesforce expertise, industry knowledge, solution assets underpinned by deep ecosystem expertise across a variety of industries including financial services, retail, healthcare, life sciences and media & entertainment. The acquisition of Silverline is part of Mphasis' global vision to anticipate the future of applied technology and predict tomorrow's trends in an ever-changing landscape.

"We are excited to have team Silverline join the Mphasis family and look forward to achieving great success together. Silverline's deep Salesforce expertise and scale combined with our execution muscle and reach will not only assist us in designing next-generation digital capabilities but will also help establish us as a dominant player in the Salesforce ecosystem. The acquisition will complement our key strategic initiative of driving the intersection across Customer Experience (CX) transformation, contact center modernization and conversational AI-enabled automation, thus enabling tech transformation to meet the evolving and dynamic needs of our clients," said Nitin Rakesh, Chief Executive Officer, and Managing Director, Mphasis.

"I am excited for our clients and our people. As part of Mphasis, we immediately expand the breadth of Silverline's capabilities and the global reach of our insight," said Gireesh Sonnad, Chief Executive Officer, Silverline. "By leveraging the combined power of our organizations, we will build compelling digital experiences for our clients, offer exciting growth opportunities for our people, and drive data and AI-led innovation as the Salesforce ecosystem continues to grow."

"We are excited by the powerful combination of Mphasis and Silverline and by the continued investment in the growing Salesforce ecosystem. Silverline has been a trusted partner for nearly 15 years, driving continuous innovation and value to Salesforce customers through the entire Customer 360 platform," said Brian Millham, President and Chief Operating Officer, Salesforce. "With the added expertise and scale of Mphasis helping to broaden Silverline's reach, we are excited to empower even more amazing customer experiences together."

Shares of MphasiS Limited was last trading in BSE at Rs. 2451.95 as compared to the previous close of Rs. 2464.85. The total number of shares traded during the day was 8823 in over 1293 trades.

The stock hit an intraday high of Rs. 2503.40 and intraday low of 2445.00. The net turnover during the day was Rs. 21791476.00.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

HCLTech and Tecnotree collaborate to bring 5G-led GenAI solutions for telcos

Federal Bank Unveils UPI-Enabled RuPay Wave Credit Card via a Simplified 2-click onboarding journey

Lemon Tree Hotels signs a new property in Morbi, Gujarat

Allcheckdeals India Pvt Ltd to invest in NewInc Internet Services Pvt Ltd

Gensol Engineering Ltd allotted additional 250 MW (500 MWh) for GUVNL's Battery Energy Storage Project

APSEZ shines in World Bank's global container port rankings

Radico Khaitan's Luxury Brands Awarded Best World Whisky and Best Gin at the John Barleycorn Awards 2024

Brigade Group signs agreement to develop a Third World Trade Center Tower at Infopark Kochi

Avenue Supermarts Limited opens new store at Mettupalayam

TTK Prestige Limited signs agreement with consultant for future business strategy and plan

Raminfo Limited unveils new Logo, embarks on a Journey of Technological Transformation and Expansion

Eimco Elecon India Ltd receives order worth Rs. 33.11 crores

IndianOil and GPS Renewables Pvt. Ltd. form Joint Venture for Sustainable Energy Solutions

Smart Finsec Limited updates on corporate guarantee

ZF Group sells 7.5 percent stake of its holding in ZF Commercial Vehicle Control Systems India Limited

Vikas Lifecare Limited, plan support agreement for the acquisition of 100% of the equity of Ebix Inc.

Aayush Wellness Limited Board approved 10-for-1 Stock Split and ESOP

IM+ Capitals Ltd is now Fedders Holding Limited

Restaurant Brands Asia Limited approves investment in PT Sari Burger Indonesia

Lords Ishwar Hotels Ltd approves facility from Kotak Mahindra Bank

ABB India and Witt India partner to enhance safety and operational efficiency in key infrastructure projects

Project award for Valiant Cyber Security solutions by ONGC

Strategic partnership between Hubject and Exicom aims to fuel further growth in India's booming EV market

Bharti Airtel Ltd acquires ~26.95 million shares of Indus Towers Ltd

Vipul Organics Limited commences construction at Sayakha in Gujarat

Tata Motors announces price increase of its commercial vehicles from July 2024

Sprayking Limited secures major order for 25 Tonnes of Brass Rod worth Rs. 15 Million

HCLTech Grant symposium at Bhubaneswar discusses strategies and challenges in addressing poverty in rural India

HDFC Securities Caution customers against Fraudulent WhatsApp Groups and Impersonation Scams

Dynacons recognized as HPE Solution Provider of the Year 2024 by Hewlett Packard Enterprise

Apeejay Surrendra Park Hotels Ltd signs new hotel in Nainital, Uttarakhand

Netweb Unveils New AMD based Make-in-India Servers for Data Centers AI Systems

Muthoot Microfin Ltd receives IRDAI registration to act as Corporate Agent

Electronics Mart India Ltd opens Bajaj Electronics store at Tanuku, Andhra Pradesh

Tata Technologies collaborates with Microsoft and Tata Motors to drive innovation with the InnoVent hackathon for engineering students, focused on Generative AI

Sona BLW Precision Forgings Ltd receives certification under PLI scheme

NGL Fine-Chem Limited receives CEP from EDQM for TRICLABENDAZOLE

Libord Finance Limited reduces stake in Libord Brokerage Pvt Ltd

Lancer Container Lines Ltd receives 2nd batch of 100 new containers from SYMCON Industries Pvt Ltd

Artefact Projects Limited receives order from NHAI

Birla Opus Launches Its New Thematic Communication and embarks on a journey to 'Make Life Beautiful'!

Shree Rama Multi-Tech Limited commissions Multi-Layer Film plant

Kaycee Industries Ltd fixes July 6, 2024 as record date for stock split, bonus issue

UFO Moviez signs technology deal with Gofilex

Made in Bharat, for the World: MISH NOW LIVE IN EUROPE ON ZALANDO.COM and OTTO.COM

Jubilant Pharmova announces completion of USFDA audit of contract manufacturing facility at Montreal, Canada

Radico Khaitan brings internationally acclaimed Rampur Asava Indian Single Malt Whisky to Indian markets

DroneAcharya Aerial Innovations Ltd wins order from Maani Care System India Pvt Ltd

Cipla EU to invest an additional EUR 3 million in Ethris

Futuristic Solutions Limited recommends final dividend of Rs. 1


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020