Infosys buys New Zealand's Gen-i for undisclosed sum
Wednesday, 8th June 2011
Infosys, India's second-biggest software services exporter, said on Wednesday its Australia and New Zealand unit has acquired the software solutions business of New Zealand's Gen-i for an undisclosed sum.
Infosys said in a statement it will take over 110 employees and contractors from Gen-i, which would raise its New Zealand staff strength to up to 150 people. It also plans to add 15-30 new hires immediately.
Gen-i is the corporate information communication technology (ICT) arm of Telecom New Zealand
Publication : Reuters
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