IT services firm Infosys and Belgium-headquartered digital services and communication solutions provider Proximus Group on Tuesday announced a strategic collaboration aimed at unlocking new business opportunities, according to a release. The strategic collaboration will focus on a joint go-to-market approach that will leverage products of Proximus' International affiliates, including Route Mobile's Communications Platform as a Service (CPaaS) and Telesign's Digital Identity (DI) solutions. "This combined with Infosys digital services will drive innovation in omnichannel customer engagement and AI-driven digital assistants for their customers," a release said, adding that the collaboration aims to enhance digital security by providing digital identity and fraud protection solutions, that drive trusted communication online. The collaboration between Infosys and Proximus enables the two sides to further strengthen their digital offerings and drive their innovative solutions to business
Belgium-based Promixus Group, through its subsidiary, will initially acquire a 57.56 per cent stake in enterprise messaging firm Route Mobile for Rs 5,922.4 crore in an all-cash deal, according to a regulatory filing. The acquisition has triggered an open market offer for the sale of 26 per cent of Route Mobile in compliance with regulatory guidelines. Proximus' stake in Route Mobile may go up to 75 per cent. "Proximus Group will acquire 57.56 per cent of the shares in Route Mobile through Proximus Opal, for an initial Rs 59,224 million cash consideration for a price per share of Rs 1,626.40," Route Mobile said in the filing. As a part of the agreement, some of the founding shareholders of Route Mobile will reinvest in a minority stake in Proximus Opal, a subsidiary of the Proximus Group and the US-based holding company of Telesign -- an affiliate of Proximus. "Depending on the outcome of the MTO (mandatory takeover offer), the stake held by Proximus Opal could further increase t
To achieve this, the programme will consolidate more than 40 legacy IT systems into six new robust platforms to enable better product lifecycle management, it said