Tech
Infosys to acquire MRE Consulting for $36 million in all-cash deal
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Infosys on Thursday announced a definitive agreement to acquire technology and business consulting firm MRE Consulting for $36 million (about Rs 307.4 crore) in an all-cash deal. The IT firm will acquire the consultancy company through its wholly owned subsidiary Infosys Nova Holdings LLC.
The acquisition is expected to close during the first quarter (April-June) of FY26.
The cost of acquisition will be “Upto $36 million, including upfront and earnouts, excluding management incentives, and retention bonus,” according to a regulatory filing.
The…
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