<p>Bengaluru: IT services firm Infosys on Wednesday announced that it will acquire 75 per cent of the shareholding in Versent Group, Australia’s leading Digital Transformation Solutions Provider, and a wholly owned subsidiary of Telstra Group for AUD 233.25 million ( over Rs 1,330 crore).</p><p>Infosys will have operational control, while Telstra will continue to retain a 25 per cent minority stake in Versent Group.</p>.Infosys urges employees to use Yellow Line Metro to avoid traffic.<p>The transaction is expected to close during the second half of FY 2026.</p><p>With a team of 650 engineers, advisors, strategists spread across Australia, Versent Group strengthens Infosys’ local presence. Versent Group primarily serves large blue-chip organisations with established presence in government and education, financial institutions, energy, and the utilities sector.</p><p>In 2024, Infosys had announced a strategic multi-year collaboration with Telstra to accelerate its software engineering and IT transformation journey and enhance customer experience. </p><p>This year, Infosys announced a collaboration with Telstra International, to advance technology leadership, drive innovation and support Telstra’s new Connected Future 30 strategy. </p><p>Vicki Brady, Chief Executive Officer, Telstra, said “Our collaboration with Infosys reflects our confidence in the value we can unlock together. Their global scale, deep industry knowledge, and culture of innovation and service excellence will be instrumental in accelerating Versent Group’s growth and impact across the region.”</p><p>Salil Parekh, Chief Executive Officer, Infosys, said, “We are excited to bring Infosys Topaz to enable transformative AI-first capabilities to complement Versent Group’s cloud-first digital foundation."</p>
<p>Bengaluru: IT services firm Infosys on Wednesday announced that it will acquire 75 per cent of the shareholding in Versent Group, Australia’s leading Digital Transformation Solutions Provider, and a wholly owned subsidiary of Telstra Group for AUD 233.25 million ( over Rs 1,330 crore).</p><p>Infosys will have operational control, while Telstra will continue to retain a 25 per cent minority stake in Versent Group.</p>.Infosys urges employees to use Yellow Line Metro to avoid traffic.<p>The transaction is expected to close during the second half of FY 2026.</p><p>With a team of 650 engineers, advisors, strategists spread across Australia, Versent Group strengthens Infosys’ local presence. Versent Group primarily serves large blue-chip organisations with established presence in government and education, financial institutions, energy, and the utilities sector.</p><p>In 2024, Infosys had announced a strategic multi-year collaboration with Telstra to accelerate its software engineering and IT transformation journey and enhance customer experience. </p><p>This year, Infosys announced a collaboration with Telstra International, to advance technology leadership, drive innovation and support Telstra’s new Connected Future 30 strategy. </p><p>Vicki Brady, Chief Executive Officer, Telstra, said “Our collaboration with Infosys reflects our confidence in the value we can unlock together. Their global scale, deep industry knowledge, and culture of innovation and service excellence will be instrumental in accelerating Versent Group’s growth and impact across the region.”</p><p>Salil Parekh, Chief Executive Officer, Infosys, said, “We are excited to bring Infosys Topaz to enable transformative AI-first capabilities to complement Versent Group’s cloud-first digital foundation."</p>
