Infosys acquires German engineering R&D firm in-tech for $480M, enhancing its capabilities and European footprint.
Infosys has announced a definitive agreement to acquire Germany-based engineering R&D services provider, in-tech, for $480 million. The acquisition, which is subject to regulatory approvals, aims to enhance Infosys' Engineering R&D capabilities and support global clients in navigating their digital engineering journey. Headquartered in Germany, in-tech specializes in the automotive, rail transport, and smart industry sectors, offering solutions in e-mobility, autonomous driving, electric vehicles, and railroads. This strategic investment strengthens Infosys' footprint across Europe.
April 18, 2024
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