XDuce Acquires Strategic Stake in Dev Information Technology; Establishes Strategic Alignment to Create a Global Digital Transformation Powerhouse
Mumbai (Maharashtra) [India], March 11: Dev Information Technology Limited,(NSE – DEVIT, BSE – 543462 | INE060X01034), a global IT services company providing AI, Cybersecurity, Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like AI enabled Talligence and ByteSigner, has announced that XDuce has acquired a strategic stake of approximately 24% in the company to strengthen its AI, Cybersecurity and global footprint.
This strategic investment establishes a long-term alignment aimed at accelerating global digital transformation business while preserving the independent operations and identity of both organizations.
The investment is designed to deepen collaboration between XDuce and DEV IT, combining XDuce’s client relationships and...