Infosys completes Danske captive acquisition

Infosys said on Friday that it has completed the acquisition of Danske Bank’s IT centre in India. In June, Infosys said that it bagged a digital transformation deal with Nordic-based Danske Bank valued at $454 million for a period of five years. The Bengaluru-based software exporter acquired the lender’s IT centre in Bengaluru which employs 1,400 people, as part of the deal.

The company will use Infosys Topaz, an AI-first set of services, solutions and platforms, experience design and services that support operations, said the company.