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MphasiS buys US mortgage management firm for $175M

BY  TEAM VCC
The purchase furthers Ganesh Ayyar-led MphasiS' strategy of focusing on financial services clients, a shift the company started in 2010.

Hewlett-Packard controlled IT services firm MphasiS Ltd has struck a deal to buy US-based Digital Risk LLC for $175 million in an all-cash deal with an additional earn-out component....

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