Separator

Infosys Undergoes a Definitive Agreement for Acquisition of Simplus

Separator
Infosys Undergoes a Definitive Agreement for Acquisition of Simplus

CEO Insights team , Press Release

Infosys undergoes a definitive agreement for the acquisition of one of the fastest growing sales force platinum partners in the US and Australia - Simplus. This acquisition together with Fluido's in 2018, is a sure bet to further elevate Infosys' position as an end-to-end sales force enterprise cloud solutions & services provider, offering clients unparalleled capabilities for cloud-first digital transformation. The acquisition is expected to close during the fourth quarter of fiscal year 2020 and is subject to customary closing conditions.

A recognized leader & advisor in cloud consulting, implementation, data integration, change management and training services for sales force Quote-to-Cash applications, Simplus brings to Infosys globally recognized sales force 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 & manufacturing. With offices across North America, Sydney, Melbourne, London, and a large delivery center in Manila; it will further expand Infosys' market coverage worldwide.

Commenting on this development, Pravin Rao, COO, Infosys, says, “The acquisition reaffirms our continuous endeavor to strengthen our strategy of scaling our Agile Digital and cloud-first digital transformation capabilities. This acquisition is key to staying relevant to the digital priorities of our clients and demonstrates our

Infosys has incredible global scale and breadth, and joining forces gives us a powerful value proposition to enable global digital transformations



commitment to the sales force ecosystem. The strategic combination of scalable and agile global delivery capabilities of Simplus complements our effort to help global enterprises to transform their businesses. We are excited to welcome Simplus and its leadership team into the Infosys family.”

Speaking about this definitive agreement, Ravi Kumar, President, Infosys, avers, “Simplus will be a valuable addition to the Infosys family. Complementing our industry knowledge and existing sales force footprint with their strong presence in key markets, deep sales force consulting and advisory expertise will help accelerate the transformation journey of incumbent companies. With this strong addition to our portfolio, we look forward to unlocking additional value for our clients.”

Putting his views forward, Ryan Westwood, CEO & Co-Founder, Simplus, says, “We are thrilled to be partnering with the Infosys team. We have viewed this partnership from a culture-first lens from the beginning, and we believe that the alignment of our company values, and the preservation of our company DNA will allow us to accelerate growth and together become the strongest and most respected partner in the sales force ecosystem.”

“Infosys has incredible global scale and breadth, and joining forces gives us a powerful value proposition to enable global digital transformations,” concludes Isaac Westwood, COO & Co-Founder, Simplus.
Source : Press Release