Comverse and Tech Mahindra have reached an agreement in principle on a strategic relationship, whereby Comverse will accelerate its transformation as a global innovator in digital services by leveraging Tech Mahindra’s expertise and scale in development and delivery of digital offerings.
As part of this initiative, employees from certain functions within Comverse’s digital services business unit are anticipated to join Tech Mahindra. Tech Mahindra is a specialist in digital transformation, consulting and business re-engineering, particularly in the global technology industry.
Tech Mahindra will complement Comverse’s R&D and engineering operations through innovation in product development techniques and just-in-time capability reinforcement.
The company will also enable global exposure and long-term career opportunities for the employees coming onboard from Comverse.
This relationship gives Comverse access to a flexible operating model to respond more quickly to changes in market demands and brings an influx of skills to expand Comverse’s delivery of innovative products for its customers.
“With this initiative, Comverse will significantly improve its ability to focus on its prime areas of growth and innovation,” said Philippe Tartavull, president and CEO of Comverse.
“This move will help us augment our investments in startup ecosystems, research and development, and network services,” said CP Gurnani, managing director and CEO of Tech Mahindra.
The majority of the employees who will come onboard with Tech Mahindra as part of this initiative are based in Israel, the United States and several countries in APAC and EMEA.
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