Infosys Raises Funding to Expand Automotive Industry Offerings

Infosys Acquires in-tech

Key Highlights:

• Acquisition: Infosys, a digital services and consulting company, has entered into a definitive agreement to acquire in-tech, an engineering R&D services provider focused on the German automotive industry.
• Expansion of Offerings: The acquisition will enable Infosys to expand its offerings in the automotive, rail transport, and smart industry sectors.
• Expertise and Client Relationships: in-tech brings deep client relationships with German original equipment manufacturers (OEMs) and extensive industry expertise in e-mobility, connected and autonomous driving, and more.

Infosys's Target Market

• Target Market: Automotive industry, including original equipment manufacturers (OEMs) and other companies in the automotive, rail transport, and smart industry sectors.
• Global Presence: Companies with operations in Germany, Austria, China, UK, Czech Republic, Romania, Spain, and India.
• Companies Focused on Digital Transformation: Organizations seeking digital services and consulting to enhance their operations and competitiveness.

What Infosys Needs to Buy

• Engineering and R&D Services Providers: Companies specializing in engineering and R&D services, particularly in the automotive industry.
• Technology and Innovation Partners: Collaborations with technology companies and startups to drive innovation and develop cutting-edge solutions.
• Market Expansion Opportunities: Investments in companies or partnerships that can help Infosys expand its presence in key markets.