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HPE and Blackstone agree $825 million deal for Indian IT services business

Plant in front of a creative working desk

HPE has announced its intention to sell its majority stake in Mphasis in a deal with Blackstone, believed to work in the region of $825 million.

Colt bows to competition, exits IT services

Colt is bowing out of the increasingly saturated IT services market

In a bid to increase profitability Colt announced this week that the company would exit the IT services market and put greater focus on its “core” services including its network, voice and datacentre services.

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