Infosys completes acquisition of London-based Brilliant Basics

India Infoline News Service | Mumbai | September 11, 2017 13:42 IST

IT major, Infosys announced that it has completed the acquisition of the London-based Brilliant Basics. The acquisition is in accordance with the terms set out in the agreement announced by the company on August 3, 2017.

IT major, Infosys announced that it has completed the acquisition of the London-based Brilliant Basics. The acquisition is in accordance with the terms set out in the agreement announced by the company on August 3, 2017.
 
Brilliant Basics is a London-based product design and customer experience (CX) innovator known for its world-class design thinking-led approach and experience in executing global programs.
 
Through this acquisition, Infosys further expands its worldwide connected network of Digital Studios that are focused on fulfilling the needs of global clients for end-to-end Digital Transformation solutions required to meet customer demand for next-generation enhanced customer experiences.
 
The addition of Brilliant Basics extends Infosys’ digital design services network to include Europe and the Middle East, and enhances the company’s expertise across financial services, retail and telco sectors.
 
The stock was trading down by 0.66% at Rs 878 per share on BSE at 1229 hours. It opened at Rs 890 per share. It touched its intraday high and low at Rs 892.20 per share and Rs 874 per share, respectively.
 
The stock has attracted total traded volume of 40,20,343 shares and traded value of Rs 35,455 lakh on NSE at 1230 hours. Its 52-week high stood at Rs 1,082 as on October 14, 2016 and 52-week low at Rs 860 as on August 22, 2017.

***Note: This is a NSE Chart

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