Infosys spends $250m on acquisition of Salesforce’s platinum partner Simplus
This acquisition, coupled with Fluido’s buy announced in September 2018, strengthens Infosys’ position as an end-to-end Salesforce enterprise cloud solutions and services provider.
Digital services and consulting firm Infosys (NYSE: INFY) has announced a definitive agreement to acquire Simplus, one of Salesforce’s Platinum Partners in the USA and Australia, for $250 million.
Simplus is an advisor in cloud consulting, implementation, data integration, change management and training services for Salesforce Quote-to-Cash applications.
Pravin Rao, Chief Operating Officer, Infosys, said: “The acquisition reaffirms our continuous endeavour to strengthen our strategy of scaling our Agile Digital and cloud-first digital transformation capabilities.
“This acquisition is key to staying relevant to the digital priorities of our clients and demonstrates our commitment to the Salesforce ecosystem.
“The strategic combination of scalable and agile global delivery capabilities of Simplus complements our effort to help global enterprises to transform their businesses. We are excited to welcome Simplus and its leadership team into the Infosys family.”
Simplus has offices across North America, Sydney, Melbourne, London, and a large delivery centre in Manila.
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Ravi Kumar, President, Infosys, said: “Simplus will be a valuable addition to the Infosys family.
“Complementing our industry knowledge and existing Salesforce footprint with their strong presence in key markets, deep Salesforce consulting and advisory expertise will help accelerate the transformation journey of incumbent companies.
“With this strong addition to our portfolio, we look forward to unlocking additional value for our clients.”
The acquisition is expected to close during the fourth quarter of fiscal 2020, subject to customary closing conditions.
Ryan Westwood, CEO and Co-Founder, Simplus, said: “We have viewed this partnership from a culture-first lens from the beginning, and we believe that the alignment of our company values, and the preservation of our company DNA will allow us to accelerate growth and together become the strongest and most respected partner in the Salesforce ecosystem.”
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