Infosys completes acquisition of London-based product design firm Brilliant Basics

Infosys had acquired the company in a cash deal worth 7.5 million pounds, including earn-out and employee retention amounts

business Updated: Sep 11, 2017 11:16 IST
Press Trust of India
Press Trust of India
Press Trust of India, New Delhi
Infosys,Brilliant Basics,Infosys share
Infosys has acquired product design and customer experience company Brilliant Basics. (REUTERS File Photo)(REUTERS)

Software services firm Infosys said on Monday it has completed the acquisition of London-based Brilliant Basics.

Infosys had announced the acquisition of the product design and customer experience (CX) company on August 3, 2017.

Through this acquisition, Infosys further expands its worldwide connected network of Digital Studios that are focused on fulfilling the needs of global clients for end-to-end digital transformation solutions, Infosys said in a statement.

Infosys had acquired the company in a cash deal worth 7.5 million pounds, including earn-out and employee retention amounts.

Founded in 2012, Brilliant Basics was a 100% management owned firm with the co-founder and CEO owning 85.5%. It has studios in London and Dubai.

The acquisition will also help Infosys’ digital design services network to include Europe and the Middle East, and enhance its expertise across financial services, retail and telecom sectors, the statement added.

Infosys has digital studios across Bengaluru, Pune, New York, London and Melbourne.

First Published: Sep 11, 2017 11:15 IST