{"id":955073,"date":"2025-08-14T11:08:26","date_gmt":"2025-08-14T05:38:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=955073"},"modified":"2025-08-14T11:08:26","modified_gmt":"2025-08-14T05:38:26","slug":"infosys-acquires-majority-stake-in-australian-it-firm-for-150-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/14\/infosys-acquires-majority-stake-in-australian-it-firm-for-150-million\/","title":{"rendered":"Infosys acquires majority stake in Australian IT firm for $150 million"},"content":{"rendered":"<p>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\u2019s third acquisition in less than six months.<\/p>\n<p>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\u2019s largest telecom company. The acquisition is expected to close in the second half of FY26, according to the company release on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s 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\u2019s largest telecom company. The acquisition is expected to close in the second half of FY26, according to the company release on Wednesday.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-955073","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/955073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=955073"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/955073\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=955073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=955073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=955073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}