Tech Mahindra to acquire Tenzing Group, Momenton for Rs 293 crore
IT company Tech Mahindra on Friday said it will acquire complete stake in New Zealand-based Tenzing Group and Australian IT firm Momenton for a cumulative amount of around Rs 293 crore.
Tenzing Group will bring in around 145 employees to Tech Mahindra and Momenton Pty Ltd, 55 employees.