Infosys To Acquire in-tech; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Infosys announced its acquisition of in-tech, a move that underscores its commitment to the automotive ecosystem and aims to expand its presence across Europe. The financial terms of the deal were not disclosed.
April 18, 2024 | 12:29 pm
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Infosys' acquisition of in-tech signifies a strategic move to bolster its automotive services and expand its European market presence.
The acquisition of in-tech by Infosys is likely to be viewed positively by investors, as it demonstrates the company's proactive approach to expanding its services in the automotive sector and its footprint in Europe. This strategic move could lead to new business opportunities and revenue streams, potentially boosting investor confidence and INFY's stock price in the short term.
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