Hexaware obtains Mobiquity Inc for $182 million

Medium size IT firm Hexaware Advancements today reported the securing of Mobiquity Inc for about $182 million.

This is the biggest procurement by the organization and the joined substance expects to legitimately contend with enormous computerized offices and counseling firms. Headquartered in the US, Mobiquity is one of the biggest free client experience counseling firms that has practical experience in making frictionless multi-channel computerized encounters utilizing cloud innovations.

R Srikrishna, Chief, Hexaware Advances said "Hexaware enters an energizing new period of development and ability with the obtaining of Mobiquity Inc. Mobiquity reinforces two of our key contributions: Cloudify Everything and Client Experience Change. We are seeing a solid interest for these capacities and, with this obtaining, we will almost certainly further quicken our commitments to our clients' business development.

Both Hexaware and Mobiquity have made solid effect for their customers and have a commonly supplementing position. Our joined capacities will upgrade our market situating and chance to have an effect for our customers. " Mobiquity's authority and groups will proceed with no progressions to structure or methods for working." John Castleman, President of Mobiquity stated, "Today we begin a striking new section in Mobiquity's development story. Holding hands with Hexaware gives us included scale, a more extensive arrangement of contributions that are significant to our customers' computerized voyages, and the chance to reinforce the Mobiquity brand."

Mobiquity adds to Hexaware's worldwide conveyance impression with its focuses in Florida, Boston, Philadelphia, New York, Amsterdam, Pune and Ahmedabad. A portion of the brands Mobiquity has done work for incorporate Amazon Web Administrations, Rabobank, Philips and Otsuka.

Sandeep Dhar, President, Client Experience Change (CXT) Business, Hexaware Advances said "Throughout the years Mobiquity Inc. has built up a benchmark in characterizing omnichannel computerized encounters and cutting edge UIs, for example, shrewd speakers and advanced associates. Their approach joins counseling, structure and profound building abilities that influence the Cloud. At Hexaware, we have been building abilities in advanced designing, showcasing and content stages, web based business and CRM. Together we will presently offer an exhaustive suite of advanced arrangements empowering superlative client encounters."

Skadden, Arps, Slate, Meagher and Flom LLP; Houthoff Cooperatief U.A. what's more, J. Sagar Partners went about as the lawful consultants to Hexaware, and CG Petsky Prunier, some portion of the Canaccord Genuity Gathering, filled in as the selective money related counsel to Mobiquity Inc.
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