Blink To Bolster Mphasis’ Experience Competencies: Anand Rathi
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Anand Rathi Report
Mphasis Ltd. acquired Seattle-based Blink UX for $94 million plus retention-payouts over the next two years.
Founded in 2000, Blink is into customer research, user design and customer experience, essentially strengthening Mphasis’ value proposition in engineering/product design and in customer-facing industries such as banking financial services and insurance.
It brings a reputed set of clients (leaders across sectors) with whom it shares long-tenured relations.
Margins take a hit over the next two years but expect stabilisation thereafter.
No change in overall margin guidance band despite the acquisition.
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