Infosys to pay as much as $250 million for Simplus acquisition

InfosysNSE -0.03 % has agreed to pay as much as $250 million to buy Simplus, a Salesforce consulting company, as it continues its over two-year strategy to boost cloud revenue.

Infosys made a previous Salesforce acquisition Fluido in 2018. IT companies have been making cloud acquisitions for years, as they chase digital growth.