Acquisition History / Infosys Ltd / in-tech Holding GmbH
Infosys Ltd Acquires in-tech Holding GmbH
Announced April 19, 2024 — $526.5M
What happened
Infosys agreed to buy in-tech, a German engineering R&D services provider focused on the automotive industry, in an all-cash deal worth EUR 450 million. The acquisition expands Infosys's European engineering services footprint. Closing was targeted for the first half of FY25 after clearances in Germany, Romania, Austria and India.
- Acquirer
- Infosys Ltd
- Target
- in-tech Holding GmbH
- Announced
- April 19, 2024
- Price
- $526.5M
- Industry
- Automotive engineering R&D services
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Infosys Ltd acquire in-tech Holding GmbH?
Infosys Ltd acquired in-tech Holding GmbH on April 19, 2024. This was Infosys Ltd's 1st publicly tracked acquisition out of 2 we have on record.
How much did Infosys Ltd pay for in-tech Holding GmbH?
Infosys Ltd paid $526.5M for in-tech Holding GmbH.
What does in-tech Holding GmbH do?
Infosys agreed to buy in-tech, a German engineering R&D services provider focused on the automotive industry, in an all-cash deal worth EUR 450 million. The acquisition expands Infosys's European engineering services footprint. Closing was targeted for the first half of FY25 after clearances in Germany, Romania, Austria and India.
What other Automotive engineering R&D services companies has Infosys Ltd acquired?
in-tech Holding GmbH is Infosys Ltd's only publicly tracked acquisition in Automotive engineering R&D services so far.
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