India’s second largest software exporter Infosys Technologies has announced that it has acquired the software solutions business of Gen-i, as part of its partnership with the Telecom New Zealand Group firm. As part of the deal, Infosys has offered positions to Gen-i’s more than 110 employees and contractors, who will continue to be based in Auckland, Wellington and Christchurch, Infosys said in a statement.
These employees, who are primarily senior developers, technical architects and consultants, will take the Infosys’ New Zealand team to over 150 people, it added. The company said it also plans to immediately hire an additional 15-30 people there. No financial details were however disclosed.
The partnership will be undertaken by Infosys’ Australian arm and Gen-i, the corporate ICT arm of Telecom New Zealand. The current software solutions management team will lead New Zealand delivery for Infosys, with Patrick Kouwenhoven running New Zealand operations under the leadership of Infosys Associate Vice-President Ashok Mysore.
The companies will offer IT services like IT consulting, business transformation and cloud-based offerings to Australasian companies. Australasia is a region of Oceania comprising Australia, New Zealand, the island of New Guinea and neighboring islands in the Pacific Ocean.
The partnership is said to create a new market proposition for local businesses by helping them to transform for competitive advantage, with new ways to innovate, reduce costs and increase the effectiveness of their people, processes and technology according to Infosys.
As near-shore delivery from New Zealand is among the joint growth strategies being planned, the partnership also has significant potential to further grow New Zealand-based technology jobs, it added.
Gen-I currently works alongside its 3,300 corporate, government and business customers to offer integrated ICT solutions. It has nearly 3,000 highly skilled people in 17 locations across New Zealand and Australia. “There has been a lot of consolidation in the IT services market recently, leaving an opportunity for a strong local partnership which can deliver world class capabilities in hosted and integrated ICT solutions,” Gen-i Australasia CEO Chris Quin said.