Tech Mahindra, the largest independent India-based telecommunications IT services provider, has decided to acquire an equity stake in Servista, a leading European systems integrator.
As a part of the agreement, Tech Mahindra will be Servista’s exclusive delivery arm for the next three years and will also help Servista develop its European IT offshoring business.
Ben Andradi, chief executive officer, Servista Ltd said, “We are delighted to enter into this highly complimentary relationship with Tech Mahindra that will deliver the huge benefits of Indian offshoring to the European market place”.