In large IT deals, MNC clients now monetising internal assets

Infosys Ltd’s recent $1.6 billion deal with Liberty Global Plc includes licensing the European telecom company’s connectivity platform Horizon to other telecom firms.

Similarly, hardware equipment maker Lexmark plans to commercialise its internet of things (IoT) platform Optra through Tata Consultancy Services Ltd (TCS), which will then offer it to manufacturing and retail clients of Tata Group companies worldwide.