M&A Deal Summary

Tech Mahindra Acquires Lightbridge Communications

On November 20, 2014, Tech Mahindra acquired communications company Lightbridge Communications for 240M USD

Acquisition Highlights
  • This is Tech Mahindra’s 1st transaction in the Communications sector.
  • This is Tech Mahindra’s 3rd largest (disclosed) transaction.
  • This is Tech Mahindra’s 2nd transaction in the United States.
  • This is Tech Mahindra’s 1st transaction in Virginia.

M&A Deal Summary
Date 2014-11-20
Target Lightbridge Communications
Sector Communications
Buyer(s) Tech Mahindra
Deal Type Add-on Acquisition
Deal Value 240M USD
Advisor(s) Jefferies (Financial)
Covington & Burling (Legal)

Target

Lightbridge Communications

McLean, Virginia, United States
Lightbridge Communications Corporation provides advanced wireless and wireline network services and solutions to Government, Enterprise and the Telecommunications industry.

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Buyer(S) 1

Buyer

Tech Mahindra

Pune, India
Category Company
Founded 1986
Sector Information Technology
Employees119,911
Revenue 520.0B INR (2024)
DESCRIPTION

Tech Mahindra is an entity which provides information technology services and solutions in India, the Americas, Europe, and internationally. Tech Mahindra was founded in 1986 and is based in Pune, India.

DEAL STATS #
Overall 7 of 16
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 6 of 15
State (Virginia) 1 of 1
Country (United States) 2 of 5
Year (2014) 2 of 2
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-21 FixStream Networks

San Jose, California, United States

FixStream Networks, Inc. is a unified platform will handle a wide array of IT operations from AI-driven infrastructure mapping, operational data correlation, and predictive analytics to intelligently automating cross-domain actions based on those findings. FixStream Networks is based in San Jose, California.

Buy $10M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-09 Sofgen Holdings

Limassol,, Cyprus

SOFGEN HOLDINGS LIMITED a niche consulting and services company with worldwide presence specializing in Private / Wealth, Commercial and Retail Banking solutions.

Buy -
Mergr

Product

Company

Legal