Indian IT major Infosys has signed up an agreement to buy London-based product design and customer experience firm Brilliant Basics. The details of the deal, however, have not been disclosed, but according to a report on Business Standard, Infosys has bought Brilliant Basics for Rs 62.76 crore or 7.5 million pounds. With this acquisition, Bengaluru-based Infosys plans to expand its global network of digital studios plans.
"This acquisition represents Infosys' commitment to the expansion of a worldwide connected network of Digital Studios. These studios are focused on fulfilling the needs of our global clients for end-to-end Digital Transformation solutions required to meet customer demand for next - generation enhanced customer experiences," the IT giant said in a statement.
Infosys currently has digital studios in Bengaluru, Pune, New York, London and Melbourne. Brilliant Basics will help Infosys in driving its design-based technology services in Europe and West Asia.
"Adding Brilliant Basics' design and customer experience capabilities has already proven to be invaluable, helping Infosys close large deals with a deep blend of skills. Brilliant Basics will leverage the breadth and depth of Infosys Digital to drive digital transformation solutions, which connect our clients' systems of record to new systems of engagement," said Ravi Kumar S, president and deputy chief operating officer, Infosys.
The founder of brilliant Basics Anand Verma also announced the deal in a statement published on Brilliant Basics website. "I am thrilled to say that earlier today Infosys, a global leader in technology services & consulting, announced its intention to acquire Brilliant Basics 'bb'. Today is a momentous day for bb and start of an exciting new chapter, I am confident that this new chapter will be even bigger and better for everyone at bb. I am very happy about joining the Infosys family," he said.