Wednesday, April 24

Tag: Ravi Kumar

Infosys Will Open Another Educational Center in US, Create 1000 Jobs
News

Infosys Will Open Another Educational Center in US, Create 1000 Jobs

Infosys, India’s leading IT company announced the opening of an Education Center in Indianapolis, US on Thursday in a bid to train American workers and create around 1,000 new jobs in the city. US Vice President Mike Pence was present for the announcement, which came one year after the company made public its intentions of setting up an innovation hub in Indianapolis. Infosys aims to create around 3,000 jobs with this initiative in Indianapolis, where Mike Pence previously occupied the position of Governor of the state of Indiana between 2013 to 2017 before being appointed Vice-President of the United States of America by Donald Trump. Commenting on the announcement, Pence said that Infosys “brings new chapter in the life of the growing Indiana economy.” He added that the initiati...
Infosys Acquires US Firm WongDoody
ACQUISITION

Infosys Acquires US Firm WongDoody

Infosys Ltd, the IT services company announced on Friday that it reached an agreement to make the acquisition of WongDoody Holding Co., a digital creative and consumer insights agency based in America for $75 million. “On 13 April 2018, the company entered into a definitive agreement to acquire WongDoody… for a total consideration of up to $75 million including consideration and retention payouts, subject to regulatory approvals and fulfillment of closing conditions,” Infosys said in a regulatory filing. Infosys Ltd. bought out the firm in order to strengthen the firm’s creative, branding and customer experience abilities. The deal, which is subject to customary closing conditions, is expected to be complete at the start of FY19. “With Infosys Digital Studios spanning the globe—fr...