NTT DATA has acquired Niveus Solutions, according to a LinkedIn post that describes the transaction as completed. The purchase price was not disclosed in the source.
The same post says NTT DATA entered Mangaluru through the acquisition and currently has about 900 people there. It says the company plans to go past 2,500 by the end of 2027, focusing on AI, cloud and data. The post does not give a closing date for the transaction or any other terms.
The post frames the Niveus deal as the second of three stages in Mangaluru's development, alongside Deloitte's arrival in the city and Morgan Stanley's agreement to acquire Vinyl Equity, a company founded in 2022 whose core engineering team is based in Mangaluru. According to the post, Vinyl Equity's software will join Morgan Stanley at Work, a platform serving over 3,400 corporate clients, in a deal expected to close in the first quarter of 2027.