Tag Archives: Infosys

Infosys to buy Finland’s firm Fluido for $76 Million

India’s second largest software services exporter Infosys Ltd. has agreed to acquire Finland’s company Fluido for $76 million to strengthen its enterprise cloud capabilities and presence in Europe. Infosys officials confirmed the deal on Friday and in a statement said the deal value includes earn-out, management incentives, and bonuses. “The acquisition is expected to close […]

Infosys Chief Finance Officer MD Ranganath surprisingly resigns

Chief Financial Officer MD Ranganath made a shocking resignation to Infosys Ltd. to pursue “professional opportunities in new areas”. He will remain CFO until November 16. The board of Bengaluru-headquartered Infosys said in a stock exchange filing on Saturday it had accepted the resignation of CFO MD Ranganath, appointed to the post in 2015. The resignation […]

Infosys to Set Up Software Development Center in Noida

Infosys, the second largest Indian IT giant company, on Sunday announced to invest Rs. 750 crores ($ 109 million) in the first phase to build a software development centre of 2.7 million square feet in Noida, Uttar Pradesh that can accommodate 5,000 staff. Chief Executive Officer (CEO) and MD of Infosys, Salil Parekh said, “The […]