Thursday, March 28

Tag: finland

IT Firm Infosys Acquires Finland-based Fluido
ACQUISITION

IT Firm Infosys Acquires Finland-based Fluido

One of India’s largest IT company Infosys has announced the acquisition of Finland-based firm called Fluido. It was in September that the company stated that it would acquire  Fluido in a deal worth up to 65 million euros (over Rs 545 crore), including earn-out, management incentives and bonuses. Following this acquisition, the IT firm is expecting to strengthen its position as a leading Salesforce enterprise cloud services provider. Also, Infosys is looking forward to enhance its ability to provide clients with 'cloud-first' transformation. "With offices in Finland, Denmark, Sweden, Norway and Slovakia, Fluido elevates Infosys' presence across the Nordics region with developed assets and deep client relationships, a great team and an effective local culture," Infosys stated. Fluido i...
Infosys Enters a Deal to Acquire Finland-based Fluido
ACQUISITION

Infosys Enters a Deal to Acquire Finland-based Fluido

One of India’s largest software services provider Infosys announced the deal for the acquisition of Finland-based salesforce advisor firm Fluido. The amount of the deal is expected to be around $76 million (euro 65 million). This acquisition will mark the second acquisition of the IT giant Infosys this year. In April, the firm announced the acquisition of US-based consultancy company WongDoody for $75 million. This particular deal will help boost the company's cloud capabilities, a key part of its digital strategy, and help it grow in Northern Europe. "This acquisition demonstrates Infosys' commitment to the Salesforce ecosystem to address our client's digital priorities...This acquisition also aligns to our efforts to invest in local capabilities in the regions in which we operate,...
Mahindra Group Invested 1.5 Crore in Finland Startup
FUNDING

Mahindra Group Invested 1.5 Crore in Finland Startup

Mahindra group today said it will invest 2,00,000 euro (about Rs 1.51 crore) in a Finnish start-up, Medixine, as it taps into the start-up eco-system of the Nordic country for future innovation programme. The group had conducted Avatar Hunt, a search for the next big idea in Finland. This conveys what the conference was about. Finland, with its vibrant startup ecosystem & innovation capabilities is an important enabler of Mahindra FUTURise, Mahindra’s leap into the future. And Congratulations to MediXine, winners of our Avatar Hunt. https://t.co/IjvwdphcYV— anand mahindra (@anandmahindra) December 21, 2017 From that seven entrepreneurs from a variety of industries, including education, healthcare, analytics, finance, IoT and mobility, were shortlisted. "Mahindr...