Infosys Limited

Information technology services and consultingFounded 1981

Last reviewed: July 2026

Explore Infosys

Core profile pages, annual revenue records, and related research hubs for this company.

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.

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Infosys Limited

Information technology services and consultingFounded 1981

Reviewed by Swet Parvadiya

Last reviewed: July 2026

Acquisitions

Infosys Acquisitions

Total Acquisitions

$1.3B

Disclosed Deal Value

InSemi Technology Services

2024

$34M

Why

Infosys acquired InSemi Technology Services, a Bengaluru-based semiconductor design and embedded services provider, for ₹280 crore (approximately $33.7 million including earn-outs) in 2024. The deal strengthened Infosys' Engineering R&D capabilities in chip design, VLSI, embedded systems, and hardware-software co-design.

Impact

InSemi added over 900 semiconductor design specialists serving clients in consumer electronics, automotive, industrial, and high-tech sectors. The acquisition positioned Infosys to capture demand from the global semiconductor supply chain diversification trend.

Outcome

The acquisition was completed in May 2024 and strengthened a specialized engineering capability that is strategically important as clients connect chips, devices, cloud platforms, and AI workloads in end-to-end systems.

In-tech

2024

$485M

Why

Infosys announced the acquisition of in-tech, a leading German engineering R&D services provider, for €450 million (approximately $485 million) in April 2024. In-tech specializes in software-defined vehicles, e-mobility, connected and autonomous driving, ADAS, rail systems, and smart industry solutions for German automotive OEMs.

Impact

In-tech brought approximately 2,200 engineers across Germany, Austria, China, the UK, Czech Republic, Romania, Spain, and India, along with deep relationships with German automotive manufacturers. It was Infosys' largest acquisition in years and signaled serious intent to compete in European engineering R&D.

Outcome

The acquisition positions Infosys in the software-defined vehicle space — one of the fastest-growing segments in automotive technology — where domain expertise, local client relationships, and engineering depth matter more than offshore cost advantages.

BASE life science

2022

Why

Infosys acquired BASE life science, a European life sciences consulting firm, in 2022 to deepen its capabilities in pharmaceutical, biotech, and medical device consulting — covering regulatory affairs, quality management, clinical operations, and commercial transformation.

Impact

BASE added domain specialists across Denmark, Switzerland, the UK, Germany, France, Italy, and Spain, giving Infosys local expertise in one of the most regulation-heavy industries.

Outcome

The acquisition aligned with Infosys' vertical specialization strategy. Life sciences buyers value regulatory and process knowledge that cannot be easily replicated by generalist IT services firms.

Oddity

2022

Why

Infosys acquired oddity, a German digital marketing and experience design agency, in 2022 to expand creative, commerce, and brand capabilities in Germany, broader Europe, and Northeast Asia.

Impact

Oddity brought over 300 digital experience specialists and was integrated into the WongDoody network, creating a larger creative and commerce platform for Infosys.

Outcome

The acquisition strengthened Infosys' experience design capability rather than creating a separate business line — consistent with the strategy of building a full-service digital transformation offering.

Simplus

2020

$250M

Why

Infosys acquired Simplus, a US-based Salesforce consulting and implementation firm, for approximately $250 million in March 2020. The deal was designed to strengthen Infosys' Salesforce ecosystem capabilities — particularly in quote-to-cash transformation, CPQ (Configure, Price, Quote), and cloud CRM implementation — while adding North American enterprise client relationships.

Impact

Simplus gave Infosys immediate credibility as a Salesforce implementation partner at a time when CRM transformation was becoming a board-level digital priority. The acquisition also served as a channel for cross-selling broader cloud, data, and managed-services work into Simplus' existing client base.

Outcome

The acquisition achieved its strategic purpose by filling a platform-specialist gap in Infosys' portfolio. Combined with the earlier Fluido acquisition in Europe, it gave Infosys a global Salesforce practice that could compete with dedicated Salesforce partners.

GuideVision

2020

Why

Infosys acquired GuideVision, a European ServiceNow Elite Partner, in 2020 to strengthen its ServiceNow consulting, implementation, and managed services capabilities across Central and Eastern Europe.

Impact

GuideVision added ServiceNow Elite Partner credentials, the proprietary SnowMirror data replication tool, and relationships with over 100 enterprise clients. It gave Infosys immediate credibility in the ServiceNow ecosystem.

Outcome

The acquisition filled a clear platform capability gap. Its value is measured through cross-selling larger workflow transformation programs and winning ServiceNow-centric deals that Infosys could not have competed for previously.

Kaleidoscope Innovation

2020

$42M

Why

Infosys acquired Kaleidoscope Innovation, a US-based product design and engineering firm, for approximately $42 million in 2020. The deal added upstream product design, medical device engineering, human factors research, and smart-product development capabilities.

Impact

Kaleidoscope expanded Infosys' engineering services into physical product design and medical technology — areas where domain expertise and regulatory knowledge command premium pricing.

Outcome

The acquisition supported Infosys' broader push into connected devices, medtech, and product innovation, complementing its software-focused services with hardware and industrial design capability.

Fluido

2018

$76M

Why

Infosys acquired Fluido, a Nordic Salesforce consulting firm, for up to €65 million (approximately $76 million) in October 2018. The deal expanded Infosys' Salesforce practice into Northern Europe, adding local delivery presence in Finland, Denmark, Sweden, Norway, and Slovakia.

Impact

Fluido strengthened Infosys' European Salesforce capabilities and provided local client relationships that would have taken years to build organically. Combined with the later Simplus acquisition, it created a global Salesforce practice.

Outcome

Strategically coherent — Fluido gave Infosys credible local Salesforce delivery in Europe rather than relying solely on offshore execution for European clients.

WongDoody

2018

$75M

Why

Infosys acquired WongDoody, a US-based creative and digital experience agency, for approximately $75 million in 2018. The deal added creative design, brand strategy, consumer insights, and digital experience capabilities to Infosys' technology services portfolio.

Impact

WongDoody allowed Infosys to reach marketing, customer experience, and digital product buyers — widening relationships beyond traditional CIO organizations into CMO and CDO budgets.

Outcome

WongDoody became the nucleus of Infosys' experience design network, later absorbing oddity (acquired 2022) to create a broader creative and commerce capability across the US, Europe, and Asia.

Panaya

2015

$200M

Why

Infosys acquired Panaya, an Israel-based cloud company specializing in enterprise software testing and change impact analysis, for $200 million in February 2015. The deal was intended to add automation technology for SAP and Oracle modernization programs, reducing the manual testing effort in large package implementations.

Impact

While Panaya's technology was sound, the acquisition became the center of Infosys' most serious governance crisis. Whistleblower allegations in 2017 raised concerns about overpayment and due diligence failures. Founder Narayana Murthy publicly questioned the deal's valuation, triggering a conflict between founders and the board that led to CEO Vishal Sikka's resignation.

Outcome

Independent investigations did not establish conclusive wrongdoing, but the reputational damage was significant. Infosys eventually divested Panaya in 2020. The episode remains a cautionary tale about how acquisition process and governance can matter as much as the acquired capability itself.

Skava

2015

$120M

Why

Infosys acquired Skava, a US-based mobile commerce platform company, for approximately $120 million in 2015. The deal was intended to strengthen digital commerce, mobile-first shopping experiences, and omnichannel retail technology capabilities.

Impact

Skava helped Infosys compete for retailer and consumer-brand transformation work during the early shift from store-centric systems to digital and mobile commerce.

Outcome

Skava did not remain a major standalone brand — its technology was integrated into Infosys' broader digital services portfolio. Its value was primarily in capability integration and retail-client relevance during a transitional period.

Infosys Limited's Growth & Acquisition Strategy

Infosys is growing through large outsourcing deals, cloud and AI transformation, Topaz and Cobalt platform adoption, industry-specific consulting, selective acquisitions, and delivery productivity gains.

How Infosys Limited Makes Money

Infosys earns revenue from technology consulting, digital transformation, application services, enterprise modernization, cloud migration, AI services, managed services, and business process management. Most revenue is service-based, with platform and product economics from assets such as Finacle adding switching costs.

Infosys Acquisitions FAQ

Does Infosys grow by acquisitions?

Infosys uses acquisitions, licenses, partnerships, or portfolio moves selectively when they strengthen its long-term strategy.

What kinds of deals matter most for Infosys?

The most important deals are those that expand brands, technology, geography, supply, or distribution advantages.

How do deals fit Infosys's strategy?

Deals matter when they reinforce the core moat rather than distract from it.

Where can I learn Infosys deal history?

This profile summarizes notable acquisitions, partnerships, and strategic portfolio moves for Infosys.

Explore Infosys

Core profile pages, annual revenue records, and related research hubs for this company.

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.

Acquisitions

Infosys Acquisitions

Total Acquisitions

$1.3B

Disclosed Deal Value

InSemi Technology Services

2024

$34M

Why

Impact

Outcome

In-tech

2024

$485M

Why

Impact

Outcome

BASE life science

2022

Why

Impact

BASE added domain specialists across Denmark, Switzerland, the UK, Germany, France, Italy, and Spain, giving Infosys local expertise in one of the most regulation-heavy industries.

Outcome

The acquisition aligned with Infosys' vertical specialization strategy. Life sciences buyers value regulatory and process knowledge that cannot be easily replicated by generalist IT services firms.

Oddity

2022

Why

Infosys acquired oddity, a German digital marketing and experience design agency, in 2022 to expand creative, commerce, and brand capabilities in Germany, broader Europe, and Northeast Asia.

Impact

Oddity brought over 300 digital experience specialists and was integrated into the WongDoody network, creating a larger creative and commerce platform for Infosys.

Outcome

Simplus

2020

$250M

Why

Impact

Outcome

GuideVision

2020

Why

Impact

Outcome

Kaleidoscope Innovation

2020

$42M

Why

Impact

Kaleidoscope expanded Infosys' engineering services into physical product design and medical technology — areas where domain expertise and regulatory knowledge command premium pricing.

Outcome

The acquisition supported Infosys' broader push into connected devices, medtech, and product innovation, complementing its software-focused services with hardware and industrial design capability.

Fluido

2018

$76M

Why

Impact

Outcome

Strategically coherent — Fluido gave Infosys credible local Salesforce delivery in Europe rather than relying solely on offshore execution for European clients.

WongDoody

2018

$75M

Why

Impact

WongDoody allowed Infosys to reach marketing, customer experience, and digital product buyers — widening relationships beyond traditional CIO organizations into CMO and CDO budgets.

Outcome

WongDoody became the nucleus of Infosys' experience design network, later absorbing oddity (acquired 2022) to create a broader creative and commerce capability across the US, Europe, and Asia.

Panaya

2015

$200M

Why

Impact

Outcome

Skava

2015

$120M

Why

Impact

Skava helped Infosys compete for retailer and consumer-brand transformation work during the early shift from store-centric systems to digital and mobile commerce.

Outcome

Infosys Limited's Growth & Acquisition Strategy

How Infosys Limited Makes Money

Infosys Acquisitions FAQ

Does Infosys grow by acquisitions?

Infosys uses acquisitions, licenses, partnerships, or portfolio moves selectively when they strengthen its long-term strategy.

What kinds of deals matter most for Infosys?

The most important deals are those that expand brands, technology, geography, supply, or distribution advantages.

How do deals fit Infosys's strategy?

Deals matter when they reinforce the core moat rather than distract from it.

Where can I learn Infosys deal history?

This profile summarizes notable acquisitions, partnerships, and strategic portfolio moves for Infosys.