Transfin.

Infosys to Acquire Leading Salesforce Consulting and Platinum Partner, Simplus in a $250m Deal.

Infosys to acquire leading salesforce consulting and platinum partner, Simplus in a $250m deal.  

 

TECH

Infosys to acquire leading salesforce consulting and platinum partner, Simplus in a $250m deal. 

Infy Going Places

Indian IT giant Infosys has informed the stock exchanges that it will acquire Simplus, one of the fastest growing Salesforce platinum partners in the US and Australia for up to $250m.

 

Simplus is a leading provider and advisor in cloud consulting, implementation, data integration, change management and training services for Salesforce quote-to-cash applications with more than 4,500 projects.

 

The acquisition, which is expected to close during the fourth quarter of fiscal 2020, is expected to strengthen Infosys’ position as an end-to-end Salesforce enterprise cloud solutions and services provider, providing clients with the necessary capabilities for cloud-first digital transformation. 

 

The deal is also expected to help Infosys expand its geographic presence as Simplus has offices across North America, Sydney, Melbourne, London, and a large delivery centre in Manila. [Livemint]

 

Centre for Accountability and Systemic Change files petition in SC seeking ban on WhatsApp Payments pilot roll-out. 

We Object, My Lord

An independent think tank, Centre for Accountability and Systemic Change (CASC), has filed a petition in the SC seeking immediate rollback of the WhatsApp Payments pilot project, which was approved by the National Payments Corporation of India (NPCI) last week. 

 

CASC had previously filed a public interest litigation (PIL) before the SC against the launch of WhatsApp Payments, questioning WhatsApp and Facebook’s data localisation compliance and WhatsApp ability to handle digital payments. [Inc42]

FIN.

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