Infosys completes ₹532 crore acquisition of Australian cybersecurity firm
Summarized by AI; it may make mistakes. Check important info
Summarized by AI; it may make mistakes. Check important info
Infosys has completed the acquisition of Australian cybersecurity firm ‘The Missing Link’ for AUD 98 million (approximately ₹532 crore) in an all-cash deal, as per a company statement issued on Friday.
The acquisition was carried out through Infosys’ wholly owned subsidiary, Infosys Singapore Pte Ltd, following a regulatory filing made in April.
The move reportedly aims to enhance Infosys’ cybersecurity capabilities and strengthen its position in the Australian market, which the company described as fast-growing.
The firm stated that with The Missing Link and Infosys Cobalt, it plans to offer “specialised end-to-end cyber security offerings and solutions” to its global clients undergoing digital transformation.
Founded in 1997, The Missing Link is known for delivering cybersecurity and cloud services across areas such as IT strategy, risk assessment, project management, and automation.
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