ALSO READInfosys completes Brilliant Basics acquisition Infosys to buy digital studio in London for Rs 63 crore Infosys completes acquisition of London based Brilliant Basics Infosys in spotlight after inking agreement to acquire digital studio in London Infosys acquires Brilliant Basics digital innovation, customer experience studio
"Through this acquisition, we expand our worldwide connected network of Digital Studios, which are focused on meeting the needs of global clients for digital transformation solutions to meet customer demand for next-generation customer experiences," said the company in a statement here.
The buyout includes earn-out and employee retention.
The four-year old management-owned British firm's customer experience studio is known for design thinking-led approach and experience in executing global programmes.
"Adding the studio's design and customer experience capabilities has proven to be invaluable, helping us close large deals with a blend of skills," said Infosys Deputy Chief Operating Officer S. Ravi Kumar in the statement.
The studio will enable the company to drive digital transformation solutions, which connect its clients' systems of record to new systems of engagement.
"Being a member of the Infosys family allows us to enhance and scale the offering for our clients, as the software major has a unique vision and approach to partnership and acquisition," said Brilliant Basics Founder and Chief Executive Anand Verma, who holds 85.5 per cent of its equity stock.
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