Infosys, Telstra form JV with acquisition of Versent stake
Summary
Infosys acquired a 75% stake in Versent Group and formed a joint venture with Telstra. The deal gives Infosys operational control of the Australian cloud services firm while Telstra keeps a 25% stake. The companies plan to combine AI, cloud, and cybersecurity capabilities to serve enterprise and public sector customers in Australia. The transaction builds on earlier Infosys-Telstra collaboration and is expected to close in the second half of Infosys fiscal 2026, pending approvals.
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Fintech & Banking
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Data Management
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Telecom Software
Network Automation
OSS/BSS Software
