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Infosys to acquire minority stake in ANSR Consulting

22 Jul 2015 Evaluate

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, has entered into a definitive agreement for an investment in ANSR Consulting to acquire a minority stake. ANSR Consulting is a leading Global In-house Center (GIC) strategy consulting and implementation firm, which helps global enterprises establish strategic service delivery and innovation capabilities.

Earlier this year, Infosys announced the creation of a $500 million Innovation Fund earmarked for investments in disruptive new business models and technologies. This investment from the fund widens Infosys’ reach in the fast-growing GIC market. Global companies are setting up GICs to harness new technologies such as social, mobile, analytics and cloud. India has emerged as a unique destination for GICs due to wide access to technical and business talent at a reasonable cost, and the growing ecosystem of successful GICs.

ANSR Consulting, which has helped establish several GICs within India, creates joint ventures with companies such as those in the Fortune 500. ANSR Consulting helps the joint venture provide strategic, technology-driven solutions that drive competitive advantage and incremental revenue for the companies involved.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.

Infosys Share Price

1179.20 16.70 (1.44%)
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Company Name CMP
TCS 2394.85
Infosys 1179.20
HCL Tech. 1198.60
Wipro 197.95
Tech Mahindra 1463.05
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