Infosys and Telstra Announce Joint Venture in Australia
Australia, Aug. 13 -- Infosys, a global leader in next-generation digital services and consulting, today announced the formation of a joint venture with Telstra, Australia's leading telecommunications and technology company. Accelerating Infosys' strategy to help clients navigate their AI journey, this collaboration will propel AI-enabled cloud and digital solutions for Australian businesses.Infosys will acquire 75% of the shareholding in Versent Group, Australia's leading Digital Transformation Solutions Provider, and a wholly owned subsidiary of Telstra Group, that delivers cloud and digital transformation. Infosys will have operational control, while Telstra will continue to retain a 25% minority stake in Versent Group, reflecting its co...
To read the full article or to get the complete feed from this publication, please
Contact Us.