Infosys to acquire US-based Kaleidoscope Innovation for about ₹308 crore

NEW DELHI : India’s second largest IT services firm Infosys on Thursday said it will acquire US-based product design and development firm Kaleidoscope Innovation for up to $42 million (about ₹308 crore).

Kaleidoscope Innovation is a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets.

It designs microsurgical instruments, devices used in minimally invasive surgery, drug delivery devices for ophthalmic therapies and user-centric wearables.