Announced
Completed
Synopsis
Infosys, a provider of digital services and consulting, completed the acquisition of Kaleidoscope Innovation, a full-spectrum product design, development and insights firm. Financial terms were not disclosed. "This acquisition further strengthens our digital offerings at the intersection of new software technologies and medical devices - a sector that is expected to witness significant investments and consumerization in the post-Covid era. Our clients will benefit from the combination of Kaleidoscope's strong upstream offerings of product innovation and design, and Infosys' stack of product engineering, validation and commercialization services at a global scale. We are excited to welcome Kaleidoscope Innovation and its leadership team into the Infosys family, as part of Infosys Engineering Services portfolio," Ravi Kumar, Infosys President.
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