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Infosys Expands AI Push with Two Strategic Acquisitions
Infosys Limited (NYSE:INFY) shares are up during Thursday’s premarket session. On Wednesday, the company disclosed two acquisitions – Stratus and Optimum Healthcare IT.
Optimum Healthcare IT Acquisition
Infosys plans to acquire Optimum Healthcare IT for around $465 million, including an upfront payment and earnouts.
The company expects the deal to conclude in the first quarter of fiscal year 2027, pending regulatory and other closing conditions.
With this deal, Infosys expects to offer AI-powered cloud and digital transformation for healthcare providers.
Salil Parekh, Chief Executive Officer, Infosys, added, “By bringing together Optimum’s provider experience with Infosys Topaz and Infosys Cobalt, we are positioned to create a differentiated value proposition for healthcare providers – accelerating end–to–end cloud, data, and digital transformation at scale.”
Stratus Buyout
Also, the company bought Stratus, which is a technology solutions provider for the property and casualty insurance industry. The acquisition price is up to $95 million, including upfront payment and earnouts.
The company expects the acquisition to close in the first quarter of FY 2027, subject to closing conditions.
The acquisition is anticipated to strengthen Infosys’ leadership in the insurance sector, leveraging Stratus’ expertise in Guidewire Software and its capabilities in data transformation for global P&C ...
Source: Benzinga