Infosys Ltd.

BSE: 500209 | NSE: INFY
Large Cap | IT - Software
1120.00
-10.20 (-0.90%)
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Infosys Completes Acquisition of Panaya

Date: 09-03-2015

Infosys has completed the acquisition of Panaya, Inc., a leading provider of automation technology for large scale enterprise software management. The acquisition is in accordance with the terms set out in the agreement announced on February 16, 2015. This acquisition will further strengthen Infosys’ dual strategy of Renew and New by enhancing the competitiveness of its current service lines by leveraging automation, machine learning and artificial intelligence.

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.