New Delhi: Infosys Technologies on Wednesday acquired software solutions business of Gen-i as part of its partnership with the Telecom New Zealand Group firm. Agencies
As part of the deal, Infosys has offered positions to Gen-i's more than 110 employees and contractors, who will continue to be based in Auckland, Wellington and Christchurch, Infosys said in a statement.
These employees, who are primarily senior developers, technical architects and consultants, will take the Infosys' New Zealand team to over 150 people, it added.
The company said it also plans to immediately hire an additional 15-30 people there. No financial details were disclosed.
The partnership will be undertaken by Infosys' Australian arm and Gen-i, the corporate ICT arm of Telecom New Zealand.
The current software solutions management team will lead New Zealand delivery for Infosys, with Patrick Kouwenhoven running New Zealand operations under the leadership of Infosys Associate Vice-President Ashok Mysore.
The companies will offer IT services like IT consulting, business transformation and cloud-based offerings to Australasian companies.
Australasia is a region of Oceania comprising Australia, New Zealand, the island of New Guinea and neighbouring islands in the Pacific Ocean.
The partnership creates a new market proposition for local businesses by helping them to transform for competitive advantage, with new ways to innovate, reduce costs and increase the effectiveness of their people, processes and technology, Infosys said.
As near-shore delivery from New Zealand is among the joint growth strategies being planned, the partnership also has significant potential to further grow New Zealand-based
technology jobs, it added.
"Since launching our first New Zealand office 18 months ago, we have been studying the market to find the right strategic partner," Infosys Australia and New Zealand CEO and Managing Director Jackie Korhonen said.
"We will be adding our global R&D, business transformation and industry-specific capabilities to an iconic New Zealand brand," he added.
Gen-i works alongside its 3,300 corporate, government and business customers to offer integrated ICT solutions. It has nearly 3,000 highly skilled people in 17 locations across New
Zealand and Australia.
"There has been a lot of consolidation in the IT services market recently, leaving an opportunity for a strong local partnership which can deliver world class capabilities in
hosted and integrated ICT solutions," Gen-i Australasia CEO Chris Quin said.
New Delhi: Infosys Technologies on Wednesday acquired software solutions business of Gen-i as part of its partnership with the Telecom New Zealand Group firm.