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Infosys to Acquire Majority Stake in Versent Group for $153 Million
ByAinvest
Friday, Aug 15, 2025 1:56 pm ET1min read
Infosys to acquire 75% stake in Versent Group for $153 million, strengthening its presence in the Australian market. The acquisition is expected to be finalized in H2 2026, pending regulatory approvals. Versent Group provides cloud services to various sectors in Australia, including finance, energy, and education.
Infosys, a global leader in digital services and consulting, has announced its acquisition of a 75% stake in Versent Group, a wholly-owned unit of Australia's Telstra Group. The transaction, valued at A$233.3 million ($153 million), is expected to close in the second half of FY 2026, subject to regulatory approvals [1].Versent Group specializes in cloud services and digital transformation, serving various sectors in Australia, including finance, energy, and education. Infosys' acquisition aims to leverage Versent's local expertise and Telstra's connectivity to deliver AI-enabled cloud solutions to Australian enterprises and government corporations [1].
The acquisition is part of Infosys' strategy to enhance its AI capabilities and digital transformation services. By integrating Versent's digital engineering expertise with Infosys' global scale and advanced AI capabilities, the collaboration seeks to accelerate end-to-end digital transformation for Australian businesses [1].
Infosys' stock price rose by 1.6% to 1,449 rupees following the announcement, reflecting investor confidence in the deal's potential to strengthen Infosys' market position in Australia [2]. Analysts have noted that the deal price does not appear to be expensive and should not lead to dilution in Infosys' earnings per share (EPS) [2].
The acquisition is another key step in Infosys' strategic collaboration with Telstra, which began in 2024 with a multi-year agreement to accelerate software engineering and IT transformation. This latest move further solidifies the partnership and underscores Infosys' commitment to driving innovation and technology transformation in the region [1].
References:
[1] https://www.infosys.com/newsroom/press-releases/2025/telstra-australia-ai-enabled-cloud-digital-joint-venture.html
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3U606E:0-india-s-infosys-rises-on-deal-to-buy-75-stake-in-aussie-cloud-services-provider/
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