IT firm Hexaware said it has acquired US-based Mobiquity Inc for a total consideration of about USD 182 million (approximately Rs 1,266 crore). Mobiquity creates digital products for brands like Amazon Web Services, Rabobank, Philips, Wawa, Backbase and Otsuka. “This is the largest ever investment by Hexaware and the combined entity aims to directly compete with large digital agencies and consulting firms,” Hexaware said in a statement. This acquisition would help gain traction in banking and pharma verticals, which are the focus areas for Hexaware