Tech Mahindra acquires 100% stake in US-based Activus Connect for $62m

Photo: Reuters

IT company Tech Mahindra today informed the exchanges that ]it has acquired 100% stake in Activus Connect, which provides work-at-home customer experience management solutions, for $62 million (about 466 crore).

The US-based Activus Connect has 1,750 employees and reported a revenue of $17 million in the financial year ended December 31, 2020, as per a regulatory filing.

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