Lakshmikanth joined the Board of Mphasis on February 28, 2013. He leads corporate development for the Cloud, Enterprise, and Software global business units at Hewlett-Packard. He is responsible for developing strategies and driving all aspects of M&A (Merger & Acquisition) for businesses with over US $40 billion in revenue.
Prior to HP, Lakshmikanth worked in corporate development at Cisco Systems. There, he led multiple transactions including acquisitions, investments, joint ventures and divestitures. Most notably, he led the US $2.9 billion acquisition of Starent Networks.
Before Cisco, Lakshmikanth was a venture capital investor in Silicon Valley, where he invested in several companies such as Cortina Systems, Digital Chocolate, IMVU, Jasper Wireless, and Open-Silicon. Previously, he was with 3i private equity in Asia, where he specialized in growth of capital investments in India and formulated 3i's venture capital strategy for that geography. Earlier, he was a Director with Cambridge Technology Partners, managing large product development teams for clients ranging from start-ups to Fortune 50 companies.
Lakshmikanth holds an MBA with distinction from INSEAD, an MS from Kansas State University and a BE from Guindy Engineering College, India, where he was a Gold Medalist.