MphasiS to buy US-based digital risk $ 175 million

Digital risk is expected to register sales of $ 127 million in 2012. Reuters

Digital risk offers highly specialised risk, compliance and transaction management solutions for the mortgage industry, the release said.

Digital risk is expected to register sales of $ 127 million in 2012 and revenue CAGR of 70 percent in the past three years has grown.

This acquisition is central to our strategy of offering specialized services in selected segments, said Ganesh Ayyar, chief executive officer, MphasiS, in the press release.

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