Mastek exits Deloitte joint venture

Software services firm Mastek Ltd has exited a five-year-old joint venture with Deloitte Consulting, selling its stake to affiliates of Deloitte Consulting, part of accounting firm Deloitte & Touche USA.


MUMBAI: Software services firm Mastek Ltd has exited a five-year-old joint venture with Deloitte Consulting, selling its stake to affiliates of Deloitte Consulting, part of accounting firm Deloitte & Touche USA.

In a statement, the Indian firm did not say what the stake was worth.

Doug Lattner, chairman and chief executive of Deloitte Consulting, said, "It is now time to further commit to our offshore capabilities and our purchase of Mastek's interest is a demonstration of that commitment."
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