Infosys Ltd.

Infosys has formed a joint venture with Telstra, Australia’s leading telecommunications and technology company. Accelerating the company’s strategy to help clients navigate their AI journey, this collaboration will propel AI-enabled cloud and digital solutions for Australian businesses. The company will acquire 75% of the shareholding in Versent Group, Australia’s leading Digital Transformation Solutions Provider, and a wholly owned subsidiary of Telstra Group, that delivers cloud and digital transformation. The company will have operational control, while Telstra will continue to retain a 25% minority stake in Versent Group, reflecting its confidence in the shared potential for growth and customer value, combining Telstra’s connectivity, Versent’s local digital engineering expertise, and company’s global scale.

This strategic collaboration will see Versent Group’s cloud and digital transformation expertise boosted by company’s advanced AI capabilities, Cloud, Data and Digital consulting services. The collaboration will leverage Infosys Topaz and cloud offering Infosys Cobalt, as well as the cybersecurity capabilities of The Missing Link. It aims to deliver a new wave of differentiated value to accelerate end-to-end digital transformation for Australian enterprises and government corporations. The transaction is expected to close during the second half of FY 2026, subject to regulatory approvals and customary closing conditions.

Infosys is a leading provider of consulting, technology, outsourcing and next-generation digital services, enabling clients to execute strategies for their digital transformation.