Tech Mahindra has acquired Lodestone, a digital engineering quality assurance provider for new-age digital companies. The acquisition enables Tech Mahindra to provide end-to-end quality assurance services across hardware, software, and data layers.
Manish Vyas, President-Communications, Media and Entertainment, and CEO, Network Services, Tech Mahindra, said the company was seeing an increasing demand for next-gen technologies from clients who want to simplify and modernise their core businesses on a global scale. “The acquisition of Lodestone is synergistic with our existing domain expertise and new-age digital transformation capabilities,” Vyas said.
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Founded in 2005, with headquarters in Pleasanton, California, Lodestone has two service lines — data quality for data-intensive AI (artificial intelligence) and ML (machine learning) products and the human-labelling ecosystem; and product quality for software and hardware products and platforms.
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Dipam Patel, Founder and CEO, Lodestone. said, “For 15 years, Lodestone has been dedicated to providing digital product and data quality solutions to fast-growing technology platform companies. I am thrilled to partner with Tech Mahindra to leverage our combined expertise and scale to bring more innovative, agile and industry leading services for this high-growth market.”
