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Infosys Ltd Announces Definitive Agreement To Acquire Lodestone Holding AG

Monday, 10 Sep 2012 01:23am EDT 

Infosys Ltd announced a definitive agreement to acquire Lodestone Holding AG, a global management consultancy firm for an aggregate enterprise value of CHF330 million in cash. Headquartered in Zurich, Lodestone advises international companies on strategy and process optimization, and provides business transformation solutions enabled by SAP. Upon completion, the acquisition of Lodestone will strengthen Infosys Consulting and Systems Integration (C&SI) capabilities, by bringing more than 850 employees, including 750 experienced SAP consultants to the Company. The transaction is currently expected to close by the end of October 2012. 

Company Quote

-25.9 -0.77%
25 Jul 2014