Infosys Announces Completion of Acquisition of Lodestone Holding
Infosys (NASDAQ: INFY) today announced it has completed the acquisition of Lodestone Holding AG, a leading management consultancy based in Switzerland.
The acquisition is in accordance with the terms set out in the agreement announced on September 10. The deal strengthens the management consulting capabilities of Infosys around the world, adding more than 750 experienced consultants and 200 clients in wide-ranging areas such as manufacturing and the automotive and life sciences industries.
"Our clients are looking for help driving the transformations that will allow them to be successful in a challenging and dynamic market," said Mr. S.D. Shibulal, CEO & Managing Director, Infosys. "Combining our global scale with Lodestone's consulting heritage creates a world-class team that can bring clients a broad spectrum of capabilities across consulting, systems integration, and outsourcing."
Infosys partners with global enterprises to drive their innovation-led growth. That's why Forbes ranked Infosys 19 among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology and outsourcing solutions, Infosys helps clients in more than 30 countries realize their goals. Visit http://www.infosys.com and see how Infosys (NASDAQ: