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IT services company Infosys on Friday said it has completed the acquisition of Danske Bank's IT centre in India. Danske Bank chose Infosys as a strategic partner to drive digital transformation initiatives with speed and scale, and this follows the announcement of the collaboration made on June 26, 2023, a release by Infosys said. Danske Bank's IT centre in the country employs over 1,400 professionals. With its global expertise and industry solutions, Infosys will accelerate the bank's digital agenda by significantly enhancing their IT operations and capabilities, powered by Infosys Topaz, an AI-first set of services, solutions and platforms, experience design, and services that support operations. "Infosys completes acquisition of Danske Bank's IT centre in India," the release said. Headquartered in Denmark, Danske Bank provides banking services to personal and business customers, as well as large corporate and institutional customers. "This collaboration will help Danske Bank
IT major Infosys has bagged a digital transformation deal from Denmark-based Danske Bank estimated to be around USD 454 million for five years, the company said on Monday. As part of the strategic collaboration with Danske Bank, Infosys will acquire Danske Bank's IT centre in India, which employs 1400 digitally skilled professionals "Danske Bank, a leading Nordic bank, has selected Infosys as Strategic Partner to accelerate the bank's digital transformation initiatives with speed and scale. This collaboration will help Danske Bank achieve its strategic priorities towards better customer experiences, operational excellence, and a modernised technology landscape, powered by next-gen solutions," Infosys said. Nordics is a strategic market for Infosys and this collaboration further enhances our commitment to the region. "The estimated deal value is USD 454 million for a period of 5 years with an option to renew for one additional year for a maximum of three times," the company ...