Bangalore : Mphasis; (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, on Friday announced its acquisition of Silverline, a digital transformation consultancy and Salesforce partner for cash consideration of USD 132.5 million.
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 an -changing landscape. “We are excited to have team Silverline join the Mphasis family and look forward to achieving great success together. uscle 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 Nitin Rakesh, Chief Executive Officer, and Managing Director, Mphasis.