04:11:47 PM IST, 18 Jul 2024
Infosys Q1 Results Live Updates: Acquisition of top engineering R&D service firm <b>in-tech</b> completed
Infosys has completed the acquisition of in-tech, a prominent provider of Engineering R&D services specializing in the German automotive sector. The acquisition, initially announced on April 18, 2024, strengthens Infosys' position in digital transformation across automotive, rail transport, and smart industry domains. in-tech brings to Infosys valuable relationships with top German original equipment manufacturers, extensive industry expertise, and a diverse team of 2,200 professionals located across Germany, Austria, China, the UK, and nearshore facilities in the Czech Republic, Romania, Spain, and India.