Mphasis Careers Link - 2016 January

Company Name: Mphasis

Company Website: www.mphasis.com

Company Profile:

Mphasis is a Bangalore-based IT services company owned by Hewlett-Packard. The company provides infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services. It serves financial services, telecom, logistics, and technology industries. MphasiS is ranked #7 in India IT companies and overall #165 by Fortune India 500 in 2011 with more than 40,000 employees  as of 2012. In February 2014 the Mphasis company changed its logo and the Brand Name as Mphasis Unleash the Next as it seeks to boost business other than from parent Hewlett-Packard, currently its largest client. The 5th Feb 2014's announcement ",it is about Mphasis being more relevant to customers , including HP," Ayyar told reporters in Bangalore.

Mphasis was formed in June 2000 after the merger of the US-based IT consulting company MphasiS Corporation (founded in 1998 in Santa Monica by Jerry Rao and Jeroen Tas.) and the Indian IT services company BFL Software Limited (founded in 1992).

In June 2006 Electronic Data Systems (EDS) purchased a controlling stake in the company (42%) for $80 million and operated as an independent EDS unit. On 13 May 2008, Hewlett-Packard confirmed that it had reached a deal with Electronic Data Systems to acquire the company for $13.9 billion. The deal was completed on 26 August 2008.

In September 2009 MphasiS changed its brand identity by dropping EDS association to become "MphasiS, an HP Company" after HP retired EDS Brand to become "HP Enterprise Services". MphasiS operates as an independent HP subsidiary with its own board and continues to be listed on Indian markets as "MphasiS Limited". Currently HP owns close to 62% in MphasiS and MphasiS gets around 50% of its revenues from HP.

More Details: http://goo.gl/mtPffd