ANI
02 Jun 2023, 10:57 GMT+10
Bengaluru (Karnataka) [India], June 2 (ANI): IT services company Mphasis on Friday said its subsidiary -- Mphasis Consulting -- acquired eBECS Limited, which is a wholly-owned subsidiary of DXC UK International Operations and deals with information technology solutions.
The quantum of the deal hasn't been ascertained in a statement shared with stock exchanges. The company also said the deal is subject to the fulfilment of closing conditions.
The IT firm said the acquisition will enhance Mphasis' ability to address client needs and add significant value to their UK business by bringing in marquee client relationships and innovative service delivery and customer engagement models through Microsoft's business applications.
Founded in 1999, UK-based eBECS is an award-winning Microsoft Gold Partner delivering Total Microsoft Business Solutions and Managed Services that help customers digitally transform their businesses, cut complexity and cost, improve customer service and drive growth, according to the statement.
eBECS offers tailored, industry-focused Microsoft Dynamics 365 solutions that span across Operations, Sales, Marketing, Customer Service (CRM), Field Service, Project Service Automation, Analytics, Business Intelligence (BI) and Internet of Things (IoT) -- on-premise or in the Microsoft Azure intelligent cloud.
MPhasis, which specialises in cloud and cognitive services, on Thursday announced a pledge to eliminate carbon dioxide (CO2) emissions from its facilities and operations to become carbon neutral by 2030. Mphasis believes carbon neutrality is an important driver of value creation and will aim to achieve its goal by implementing a well-defined energy management plan to minimise energy consumption, integrate renewable energy sources, and implement energy-efficient practices.
The company also said it took a high-level assessment to assess the potential impact of climate risk on its business and supply chain.
Mphasis has also set a year-on-year target for the reduction of energy consumption by 5 per cent and carbon footprint by 1 per cent and is consistently working towards achieving the same.
Shares of the company went 1.20 per cent to Rs 2,001.10 apiece on Friday morning on BSE. (ANI)Get a daily dose of Colorado Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Colorado Star.
More InformationMumbai (Maharashtra) [India], March 18 (ANI): The Indian stock market opened on a strong note on Tuesday, driven by positive global...
Washington, DC [US], March 18 (ANI): After being stranded for over nine months, NASA astronauts Sunita Williams and Butch Wilmore are...
The Estonian hardliner has burned many key bridges across the bloc, an analysis by the major German newspaper claims EU foreign policy...
This photo taken on Feb. 25, 2025 shows the discount promotion signs of a store in Vienna, Austria. (Xinhua/He Canling) The OECD warned...
Calls to seize Russias frozen central bank assets follow English traditions, the Foreign Ministry has said Russia has accused the...
Calls to seize Russia's frozen central bank assets follow English traditions, the Foreign Ministry has said ...
WASHINGTON, D.C.: The U.S. Department of Education is investigating 45 universities for possible violations of civil rights laws. ...
HANOI, Vietnam: As Vietnam seeks to strengthen trade ties and avoid potential U.S. tariffs, companies from both countries signed agreements...
HARRISON, New York: PepsiCo is on the verge of expanding its portfolio with a major acquisition. The beverage giant is reportedly in...
WASHINGTON, D.C.: Gold prices have shattered the US$3,000 per ounce barrier for the first time, driven by escalating geopolitical tensions...
NEW YORK CITY, New York: The Trump administration is pressuring major food companies to remove artificial dyes from their products,...
GOODLETTSVILLE, Tennessee: Dollar General is bracing for a challenging year ahead, forecasting weaker-than-expected sales and profits...