Tuesday, 11 February 2020

Infosys to buy US firm Simplus

Infosys Ltd will acquire Simplus, one of the fastest-growing Salesforce platinum partners in the US and Australia for up to $250 Million. The acquisition is expected to close during the fourth quarter of fiscal 2020.

Simplus is a leading provider and advisor in cloud consulting, implementation, data integration, change management and training services for Salesforce quote-to-cash applications with more than 4,500 projects.
This acquisition, along with that of Fluido announced in September 2018, is expected to strengthen Infosys’ position as an end-to-end Salesforce enterprise cloud solutions and services provider, providing clients with the necessary capabilities for cloud-first digital transformation.

The acquisition would also help Infosys expand its geographic presence as Simplus has offices across North America, Sydney, Melbourne, London, and a large delivery centre in Manila. The Infosys the acquisition comes at a time when last week Cognizant too made two strategic acquisitions by acquiring the French operations of Paris-based EI-Technologies and Atlanta-based Code Zero Consulting.

No comments: