Tech Mahindra buys 75% of FixStream for $10 mn

Tech Mahindra, the $3 billion software and consulting services firm promoted by the Mahindra Group, has acquired a 75 per cent stake in FixStream Network, a San Jose, California based Big Data startup. It will pay $10 million to acquire the stake in FixStream, subject to necessary regulatory approvals, the company said in a filing with the stock exchanges.

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