MUMBAI: IT major Tech Mahindra Ltd has acquired New York headquartered media outsourcing firm Born Group Pte. Tech Mahindra will acquire the Indian subsidiary of Born Group - Born Commerce Private Ltd, the statement added.Born Group had clocked a revenue of $50 million in 2018 as compared with $39 million in 2017 and $36 million in 2016. The all-cash transaction is likely to be completed by November 15, 2019, Tech Mahindra said.It has offices in New York, London, Toronto, Tokyo, Singapore, Chennai and Pune. In June, Tech Mahindra made acquisition of Canada-based Objectwise Consulting Group Inc. It acquired Netherland-based IT firm Dynacommerce Holding BV, which provides software platforms and services to telecommunication clients, in February.

Source: Economic Times November 05, 2019 12:45 UTC