Infosys completes acquisition of US-based Wongdoody
Thursday, May 31, 2018 IST
Infosys today said it has completed acquisition of US-based digital marketing and consumer insights firm Wongdoody for nearly $75 million.
The Indian IT services major had during recent quarterly results announced its decision to acquire this agency as it would look to enhance capabilities to offer services to clients who are increasingly shifting their engagement with customers on smartphones.
“Through this acquisition, Infosys enhances its digital experience services ecosystem with services ranging from strategy, design and user experience, to creative and digital marketing across the customer experience value chain. Infosys further expands its worldwide network of Digital Studios that are fulfilling the needs of global clients for comprehensive digital transformation solutions required to meet customer demand,” said the company in a statement.
Wongdoody has studios in Seattle and Los Angeles.
Infosys said it has concluded the acquisition “for up to $ 75.04 million including conditional deferred consideration and employee retention amounts”.
Related Topics
Related News & Articles
Other Indian companies on the list include Tata Consultancy Services at 22, Tata Motors at 31, Tata Steel at 105 and L&T at 115.
Recently posted . 528 views . 1 min read
Infosys today said it has completed acquisition of US-based digital marketing and consumer insights firm Wongdoody for nearly $75 million.
Recently posted . 546 views . 1 min read
The revamped curriculum also reduces the credits for the courses from 105 to 96 but students have to undertake mandatory internships or field work.
Recently posted . 687 views . 1 min read
Trending News & Articles
ALMATY: Hour upon hour, day upon day, Omir Bekali and other detainees in far western China's new indoctrination camps had to disavow the...
Recently posted . 192K views . 1 min read
If you have payed attention to the belly buttons of people on the beach or the members of your family, you have probably noticed that they have different shapes and...
Recently posted . 8K views . 2 min read
In this age of terror, there might be nothing more terrifying than the thought of an attack carried out with chemical weapons. We’ve all heard the horrific ...
Recently posted . 3K views . 4 min read
Body fitness is one thing that everyone wants to maintain irrespective of age. Going to the gym and doing some great exercise always helps to maintain your body fit...
Recently posted . 3K views . 2 min read
More in Global
Folklore is full of stories about the coat patterns of cats: How the tiger got its stripes. How the leopard got its spots
Recently posted. 650 views . 0 min read
Imagine you enter your house after a tiring day and find your wife in bed with another man? What would you do? Of course, you will be terribly disappointed &ndash...
Recently posted. 800 views . 1 min read
Kamala Harris left a mark on the world on Tuesday by turning into the primary India-American elected to the US Senate.
What's more, Raja Krishnamoort...
Recently posted. 603 views . 8 min read
Recently posted . 584 views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views . 52 min read
Recently posted . 1K views . 99 min read
School teachers, listen up! This is a call for help. You are one of the first lines of defense in the environmental movement. In a few short years, the upcoming g...
Recently posted. 754 views . 3 min read
An Indian woman, who lost her residency rights in the US following the murder of her techie husband in a suspected hate crime, can stay in t...
Recently posted. 755 views . 3 min read