Infosys completes acquisition of Simplus

Infosys announced on Friday (13 March) that it has completed the acquisition of Simplus, one of the fastest growing Salesforce Platinum Partners in the USA and Australia.

Simplus is a recognized leader and advisor in cloud consulting, implementation, data integration, change management and training services for Salesforce CPQ and Billing applications.

Through this acquisition, coupled with the acquisition of Fluido announced in September 2018, Infosys further elevates its position as an end-to-end Salesforce enterprise cloud solutions and services provider, offering clients unparalleled capabilities for cloud-first digital transformation. Simplus brings to Infosys globally recognized Salesforce expertise, industry knowledge, solution assets, deep ecosystem relationships and a broad clientele, across a variety of industries including high-tech, financial services, retail, healthcare, life sciences and manufacturing. Salesforce and others are among the trademarks of salesforce.com, Inc.

Infosys' consolidated net profit soared 12.23% to Rs 4,457 crore on a 2.04% rise in net sales to Rs 23,092 crore in Q3 December 2019 over Q2 September 2019.

Infosys is engaged in consulting, technology, outsourcing and next-generation services.

IT major Infosys tanked 9.15% to Rs 583.45. The stock traded in the range of Rs 580.75 to Rs 640 so far.

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