Infosys $200 million acquisition of Panaya

16/2/2015

Public acquisition

Value:

$ 200 million

Status:

Completed

Date:

16/2/2015

Overview:

Infosys, an Indian consulting and technology service provider has acquired automation technology company Panaya for $200 million.
Panaya is based in the US with operations in Israel while Infosys is headquartered in Bangalore.
The deal will allow Infosys to automate many of its service lines and business practices.

Sam Duke - Editor

Jurisdictions:

United States
India

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:

Cyril Amarchand Mangaldas

Party: Infosys (Acquirer)

Lawyer: Cyril Shroff

Kirkland & Ellis

Party: Infosys (Acquirer)

Lawyer: Srinivas Kaushik

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