Mphasis Shares Hit Record High On Acquiring US-Based Blink UX

Shares of the Bengaluru-based information technology company - Mphasis - rose as much as 3.2 per cent to hit record high of Rs 3,301 on the BSE after the company informed exchanges that it acquired US-based Blink UX, a user experience research, strategy, and design firm. Mphasis acquired 100 per cent stake in Blink UX for a total consideration of $94 million.