Infosys
Indian multinational technology company
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April 2025 | Infosys acquired two companies: MRE Consulting, a consulting company from the United States for $36 million, and The Missing Link, a cybersecurity and cloud services company from Australia for A$98 million. |
June 2024 | Announced launch of Aster, an AI-powered platform designed to improve marketing efficiency through artificial intelligence. |
April 2024 | Infosys acquired in-tech, an engineering R&D services company from Germany, for €450 million. |
January 2024 | Infosys acquired InSemi, a semiconductor design services company from India, for 280 crore. |
2023 | Infosys reported a workforce of 343,234 employees, with 40.1% being women and 85% located in India. Of these, 302,850 are software professionals, and 40,384 are in support and sales roles. |
2022 | Chartered accountants and tax professionals raised concerns over technical issues with the GSTN portal, and users continued to report malfunctions on the first anniversary of the Income Tax portal's launch. |
November 2022 | By November, Infosys reduced its Moscow presence to only administrative staff, who were managing the transfer of contracts to other contractors. |
July 2022 | Infosys acquired BASE life science, a life science consulting and technology company from Denmark, for €110 million. |
March 2022 | Infosys acquired Oddity, a digital marketing company from Germany, for €50 million. |
February 2022 | Infosys continued operations in Moscow during Russia's invasion of Ukraine, later clarifying it had no active business with Russian firms. |
2021 | The newly launched Income Tax portal developed by Infosys encountered multiple technical glitches, leading to a summons for CEO Salil Parekh and an extension of the tax filing deadline. |
August 24 2021 | Infosys achieved a significant milestone by becoming the fourth Indian company to reach a specific market capitalization benchmark. |
January 2021 | Infosys acquired Carter Digital, a design agency from Australia. |
2020 | The finance ministry identified glitches in the GSTN portal, resulting in a summons for Infosys executives. |
October 2020 | Infosys acquired Blue Acorn iCi, a digital transformation company from the United States, for $125 million. |
September 2020 | Infosys acquired two companies: Kaleidoscope, a product design and development company from the United States for $42 million, and GuideVision, a ServiceNow partner from the Czech Republic for €30 million. |
February 2020 | Infosys acquired Simplus, a Salesforce consulting company from the United States, for $250 million. |
December 2019 | Infosys settled a tax fraud case with the State of California for $800,000, resolving allegations that the company improperly used B-1 visas for nearly 500 employees between 2006 and 2017 to avoid paying California payroll taxes. |
April 2019 | Infosys acquired Stater N.V., a mortgage services company from the Netherlands, for €127.5 million. |
January 2019 | Infosys acquired WongDoody, an advertising and creative strategy services company from the United States, for $75 million. |
October 2018 | Infosys acquired Fluido Oy, a Salesforce advisor and consulting partner from Finland, for €65 million. |
January 2 2018 | Salil Parekh is appointed as Chief Executive Officer (CEO) and Managing Director (MD) of Infosys, effective from this date. |
August 2017 | U. B. Pravin Rao is appointed as Interim CEO and Managing Director following Vishal Sikka's resignation. |
August 2017 | Vishal Sikka resigns as CEO of Infosys after serving approximately three years. |
August 2017 | Infosys acquired Brilliant Basics, a product design and customer experience company from the United Kingdom, for £7.5 million. |
April 2017 | Infosys acquired Skytree, a machine learning company from the United States. |
2016 | Similar technical problems arose following a system migration and version update of the MCA21 portal. |
November 2015 | Infosys acquired Noah Consulting, an information management consulting services company from the United States, for $70 million. |
August 2015 | Transferred assets of Finacle to EdgeVerve Systems. |
April 2015 | Infosys acquired Skava (Kallidus), a digital experience solutions company from the United States, for $120 million. |
March 2015 | Infosys acquired Panaya, an automation technology company from Israel, for $200 million. |
August 2014 | Vishal Sikka becomes the first external CEO of Infosys, breaking the founder-CEO tradition. |
July 2014 | Launched EdgeVerve Systems, a product subsidiary focusing on enterprise software products. |
2013 | Infosys experienced technical issues after taking over the MCA21 portal from Tata Consultancy Services. |
2012 | Opened a new office in Milwaukee, Wisconsin to serve Harley-Davidson. Expanded workforce by an additional 2,000 employees. |
September 2012 | Infosys purchased Lodestone Holding, a management consultancy based in Switzerland, for $345 million. |
August 2011 | S. D. Shibulal takes over as CEO of Infosys, succeeding Kris Gopalakrishnan. |
June 2011 | Infosys acquired Gen-i Software, a software consulting company from New Zealand. |
June 2011 | Renamed the company to Infosys Limited. Hired 1,200 U.S. employees. |
July 2010 | British Prime Minister David Cameron visited Infosys headquarters in Bangalore and addressed company employees. |
This contents of the box above is based on material from the Wikipedia article Infosys, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.