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Infosys, Telstra

Infosys to buy 75% stake in Telstra's cloud services business for $153m
Infosys has announced it will acquire a 75 percent stake in Australian telco Telstra subsidiary Versent Group for AU$233.3 million ($153m). In doing so, Infosys and Telstra will form a joint venture that aims to speed up the AI-powered cloud and digital transformation for Australian enterprises.
Infosys drops $233M for majority stake in Telstra’s Versent Group
IT services company Infosys said it acquired a 75 percent stake in Telstra’s Versent Group for $153 million to boost AI customer adoption and cloud services.
Infosys Buys Majority Stake In Telstra Cloud Unit For $153M To Boost AI
IT services company Infosys said it acquired a 75 percent stake in Telstra’s Versent Group for $153 million to boost AI customer adoption and cloud services.
Infosys to purchase 75% stake in Australia’s Versent for $152m
Indian tech major Infosys, has agreed to purchase a 75% stake in Australian digital transformation solutions provider Versent Group from Telstra Group for A$233m ($152.4m). The deal also includes an additional deferred payments contingent on performance and other criteria.
Infosys, Telstra form JV with acquisition of Versent stake
Infosys said the collaboration will combine its AI and cloud capabilities with Telstra’s network reach and Versent’s local expertise.
India's Infosys to buy 75% stake in Telstra unit for $153 million
Indian IT services company Infosys said on Wednesday that it would take a 75% stake in Versent Group, a wholly owned unit of Australia's Telstra Group , for A$233.3 million ($153 million).
Telstra sells 75 per cent stake in Versent Group to Infosys for $233M
Telstra has sold a 75 per cent stake in Versent Group to Infosys, valued at $233 million. The move is part of Telstra’s Connected Future 30 strategy to focus on core connectivity and is consistent with the reset of its enterprise business.
Infosys acquires majority stake in Australian IT firm for $150 million
In its third acquisition in six months, Infosys is buying 75% of Versent in a JV with Telstra, signalling an acquisition-led growth push amid muted client spending and big-deal scarcity.
Infosys, Telstra Forge Joint Venture to Boost AI-Driven Cloud Solutions in Australia
Infosys would acquire 75% of the shareholding in Versent Group, a wholly-owned subsidiary of Telstra Group, that delivers cloud and digital transformation.
Infosys to buy 75% stake in Telstra's Versent for $153 million for AI-led JV
Infosys is set to acquire a 75% stake in Versent, Telstra's cloud services unit, for approximately $153 million. This strategic move aims to strengthen Infosys's presence in Australia. The transaction is expected to be completed by fiscal 2026,
Infosys to acquire 75% stake in Telstra’s Versent Group for $153 million
Infosys has announced the formation of a joint venture with Telstra, an Australian telecommunications and technology company.

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