Infosys to acquire GuideVision for up to 30 million euros

IT services major Infosys on Monday said it will acquire Czech Republic-based GuideVision for up to 30 million euros (about Rs 260.4 crore).

The acquisition is being carried out by Infy Consulting Company Ltd, a step-down subsidiary of Infosys Ltd, a regulatory filing said.

“GuideVision’s training academy and nearshore capabilities in Czech Republic, Hungary, Poland, and presence in Germany and Finland will strengthen Infosys’ ServiceNow capabilities for its clients in Europe,” Infosys said in a statement.

GuideVision’s end-to-end offerings, including SnowMirror — a proprietary smart data replication tool for ServiceNow instances — enables over 100 enterprise clients to simplify complex business and IT processes.