Infosys acquires majority stake in Australian IT firm for $150 million

Infosys will acquire Australian information technology (IT) company Versent Group for over $150 million (AUD 233.25 million), the company said, marking the software major’s third acquisition in less than six months.

As part of the deal, Infosys will pick up a 75% stake in Versent, with the remaining 25% to be retained by its parent, Telstra Group Ltd, Australia’s largest telecom company. The acquisition is expected to close in the second half of FY26, according to the company release on Wednesday.