Infosys To Pay As Much As $250 Million For Simplus Acquisition

Infosys has agreed to pay as much as $250 million to buy Simplus, a Salesforce consulting company, as it persists over a 2-year strategy to increase cloud revenue.

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Infosys made a former Salesforce acquisition Fluido in 2018. IT companies have been making cloud acquisitions for years, as they pursue digital growth.

Infosys Chief Operating Officer Pravin Rao said, “The acquisition reaffirms our continuous struggle to strengthen our strategy of scaling our Agile Digital and Cloud-First Digital transformation capabilities. This acquisition is key to remain relevant to the digital priorities of our clients and establishing our commitment to the Salesforce ecosystem.”

NOTE: Simplus has over 500 employees and offices in North America, Sydney, Melbourne, London and a delivery center in Manila.

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