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Infosys Ltd Industry :  Computers - Software - Large
BSE Code
500209
ISIN Demat
INE009A01021
Book Value (Rs)
195.564986
NSE Symbol
INFY
Divident Yield %
3.17
Market Cap
(Rs In Cr.)
603,080
P/E (TTM)
22.14
EPS (TTM)
65.61
Face Value
(Rs)
5
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Board of Infosys approves acquisition of in-tech Holding GmbH
18-Apr-24   Hrs IST

The Board of Infosys at its meeting held on 17-18 April 2024 has approved the acquisition of in-tech Holding GmbH engaged in Engineering R&D services.

This strategic investment further strengthens Infosys' Engineering R&D capabilities and reaffirms its continued commitment to global clients to navigate their digital engineering journey.

Headquartered in Germany, in-tech, is one of the fastest growing Engineering R&D services providers that shapes digitization in the automotive, rail transport and smart industry sectors. in-tech develops solutions in e-mobility, connected and autonomous driving, electric vehicles (EV's), off-road vehicles and railroad. intech offerings include system design, methodical consulting, advanced electronics platform development and validation of automotive specific software and hardware systems, infotainment, and experience validation.

in-tech brings to Infosys, marquee German original equipment manufacturers (OEMs) deep client relationships, and an extensive industry expertise with a multidisciplinary team of 2200 people across locations in Germany, Austria, China, UK, and nearshore locations in Czech Republic, Romania, Spain, and India.

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