Infosys/Lodestone

Infosys looks abroad for growth

Infosys buys Swiss business-consulting company Lodestone in an effort to build its global consulting and systems integration capabilities.

Indian consulting and technology company Infosys is planning to buy Lodestone, a privately held Swiss business-consulting company, at an enterprise value of $350 million.

Headquartered in Zurich, Lodestone advises international companies on strategy and process optimisation, and provides business transformation solutions enabled by SAP.

This is Infosys’s biggest acquisition to date and is part of its efforts to strengthen its consulting and systems integration capabilities, by bringing more than 850 employees, including 750 SAP consultants, to the company.

Lodestone will add more than 200 clients across industries ranging from manufacturing and autos to life sciences to Infosys’s existing pool of more than 700...

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