Infosys acquires award-winning creative agency Wongdoody

Infosys announced that it has completed the acquisition of WONGDOODY, a US-based, full-service creative and consumer insights agency. WONGDOODY, an award-winning creative agency with studios in Seattle and Los Angeles, brings to Infosys globally recognized creative talent and deep marketing and brand engagement expertise. The acquisition is in accordance with the terms set out in the agreement announced by the company on 13 April 2018.

Through this acquisition, Infosys enhances its digital experience services ecosystem with services ranging from strategy, design and user experience, to creative and digital marketing across the customer experience value chain. Infosys further expands its worldwide network of Digital Studios that are fulfilling the needs of global clients for comprehensive digital transformation solutions required to meet customer demand for next-generation, enhanced customer experiences.

Infosys has concluded the acquisition for a consideration up to US$ 75,040,000 including conditional deferred consideration and employee retention amounts.

Powered by Capital Market - Live News