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Infosys Buys US-Based Panaya for $200 Million
IT major Infosys on Monday announced the asset of US-based Panaya for $200 million or Rs 1,250 crore.
New Jersey-based Panaya provides cloud-based quality management services for enterprise applications.
This is Infosys' second biggest purchase since the September 2012 deal to acquire Zurich-based Lodestone Holding.
The all-cash deal is expected to close before March 31, 2015, Infosys said in a statement on Monday.
New Jersey-based Panaya provides cloud-based quality management services for enterprise applications.
This is Infosys' second biggest purchase since the September 2012 deal to acquire Zurich-based Lodestone Holding.
The all-cash deal is expected to close before March 31, 2015, Infosys said in a statement on Monday.
