Archive · 14 Aug 2025
Infosys to Acquire 75% Stake in Telstra's Versent Group
Infosys, an IT company, is buying a 75% share of Versent Group, an Australian company owned by Telstra, for about Rs 1,336 crore.
This partnership forms a joint venture, with Infosys managing operations and Telstra retaining a 25% stake.
The aim is to provide AI-powered cloud and digital solutions to Australian businesses.
Versent Group has around 650 employees and works with large organizations.
This deal expands Infosys's presence in Australia and boosts its advanced AI capabilities.
Infosys will acquire a 75% stake in Versent Group, a Telstra subsidiary.
The acquisition, worth approximately Rs 1,336 crore (AUD 233.25 million), is part of a strategic collaboration.
Infosys will have operational control; Telstra will retain a 25% stake.
The joint venture aims to provide AI-enabled cloud and digital solutions to Australian businesses.
Versent Group, with 650 employees, primarily serves large organizations across various sectors.
- Who
- Infosys, Versent Group (Telstra subsidiary), Telstra
- What
- Infosys is acquiring a 75% stake in Versent Group.
- When
- The transaction is expected to close during the second half of fiscal year 2026, subject to regulatory approvals.
- Where
- Australia
- Why
- To accelerate AI-enabled cloud and digital solutions and expand Infosys's local presence.
Infosys's Strategy
Telstra's Participation
Strategic Objectives
Infosys's Strategy
Expanding AI-enabled cloud and digital solutions
Telstra's Participation
Expanding presence through strategic partnerships
- Buyer
- Infosys
- Seller
- Telstra Group Ltd.
- Stake Acquired
- 75%
- Price
- Rs 1,336 crore (AUD 233.25 million)
- Company Acquired
- Versent Group
- Employees
- 650
Sources
Infosys to acquire 75% stake in Telstra’s Versent Group for $153 million
Infosys acquires 75% stake in Australian IT company Versent
Infosys Acquires Huge Stake In Australian Major Telstra's Subsidiary At Whopping Rs 1,300 Crore
Infosys acquires 75% stake in Australian IT company Versent
Infosys forms joint venture with Telstra, acquires 75% stake in Versent Group
Versent acquisition: Infosys is among Nomura's top IT picks; here's why
Infosys acquires majority stake in Australian IT firm for $150 million
Infy to buy 75% in Telstra arm for Rs 1.3K cr
