Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, February 11 2020 - 08:46
AsiaNet
Infosys to Acquire Simplus, a Leading Salesforce Consulting and Platinum Partner
BENGALURU, India and SALT LAKE CITY, Feb. 11, 2020 /PRNewswire-AsiaNet/ --

Accelerates enterprise cloud capabilities and strengthens presence across USA 
and Australia 

Infosys (NYSE: INFY), a global leader in next-generation digital services and 
consulting, today announced a definitive agreement to acquire Simplus, one of 
the fastest growing Salesforce Platinum Partners in the USA and Australia. 
Simplus is a recognized leader and advisor in cloud consulting, implementation, 
data integration, change management and training services for Salesforce 
Quote-to-Cash applications. 

This acquisition, coupled with the acquisition of Fluido announced in September 
2018, further elevates Infosys' position as an end-to-end Salesforce enterprise 
cloud solutions and services provider, offering clients unparalleled 
capabilities for cloud-first digital transformation. 

Simplus brings to Infosys globally recognized Salesforce expertise, industry 
knowledge, solution assets, deep ecosystem relationships and a broad clientele, 
across a variety of industries including high-tech, financial services, retail, 
healthcare, life sciences and manufacturing. It has offices across North 
America, Sydney, Melbourne, London, and a large delivery center in Manila. 

Pravin Rao, Chief Operating Officer, Infosys, said, "The acquisition reaffirms 
our continuous endeavor to strengthen our strategy of scaling our Agile Digital 
and cloud-first digital transformation capabilities. This acquisition is key to 
staying relevant to the digital priorities of our clients and demonstrates our 
commitment to the Salesforce ecosystem. The strategic combination of scalable 
and agile global delivery capabilities of Simplus complements our effort to 
help global enterprises to transform their businesses.  We are excited to 
welcome Simplus and its leadership team into the Infosys family." 

Ravi Kumar, President, Infosys, added, "Simplus will be a valuable addition to 
the Infosys family. Complementing our industry knowledge and existing 
Salesforce footprint with their strong presence in key markets, deep Salesforce 
consulting and advisory expertise will help accelerate the transformation 
journey of incumbent companies. With this strong addition to our portfolio, we 
look forward to unlocking additional value for our clients." 

Ryan Westwood, CEO & Co-Founder, Simplus said, "We are thrilled to be 
partnering with the Infosys team. We have viewed this partnership from a 
culture-first lens from the beginning, and we believe that the alignment of our 
company values, and the preservation of our company DNA will allow us to 
accelerate growth and together become the strongest and most respected partner 
in the Salesforce ecosystem." 

Isaac Westwood, COO & Co-Founder, Simplus, added, "Infosys has incredible 
global scale and breadth, and joining forces gives us a powerful value 
proposition to enable global digital transformations."

The acquisition is expected to close during the fourth quarter of fiscal 2020, 
subject to customary closing conditions.

About Simplus
Simplus provides enterprise-wide digital transformation across the entire 
Salesforce ecosystem through advisory, implementation, change management, and 
managed services. As a Platinum Salesforce Partner, we use leading cloud 
solutions to help companies achieve a strategic vision, improve performance and 
increase value to stakeholders. With more than 4500 projects and a customer 
satisfaction rating in the top 1 percent of all Salesforce partners, Simplus 
helps companies improve, innovate and grow. For more information about Simplus, 
please visit www.simplus.com 

About Infosys
Infosys is a global leader in next-generation digital services and consulting. 
We enable clients in 46 countries to navigate their digital transformation. 
With over three decades of experience in managing the systems and workings of 
global enterprises, we expertly steer our clients through their digital 
journey. We do it by enabling the enterprise with an AI-powered core that helps 
prioritize the execution of change. We also empower the business with agile 
digital at scale to deliver unprecedented levels of performance and customer 
delight. Our always-on learning agenda drives their continuous improvement 
through building and transferring digital skills, expertise, and ideas from our 
innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise 
navigate your next.

Safe Harbor
Certain statements mentioned in this release concerning our future growth 
prospects are forward-looking statements regarding our future business 
expectations intended to qualify for the 'safe harbor' under the Private 
Securities Litigation Reform Act of 1995, which involve a number of risks and 
uncertainties that could cause actual results to differ materially from those 
in such forward-looking statements. The risks and uncertainties relating to 
these statements include, but are not limited to, risks and uncertainties 
regarding fluctuations in earnings, fluctuations in foreign exchange rates, our 
ability to manage growth, intense competition in IT services including those 
factors which may affect our cost advantage, wage increases in India, our 
ability to attract and retain highly skilled professionals, time and cost 
overruns on fixed-price, fixed-time frame contracts, client concentration, 
restrictions on immigration, industry segment concentration, our ability to 
manage our international operations, reduced demand for technology in our key 
focus areas, disruptions in telecommunication networks or system failures, our 
ability to successfully complete and integrate potential acquisitions, 
liability for damages on our service contracts, the success of the companies in 
which Infosys has made strategic investments, withdrawal or expiration of 
governmental fiscal incentives, political instability and regional conflicts, 
legal restrictions on raising capital or acquiring companies outside India, 
unauthorized use of our intellectual property and general economic conditions 
affecting our industry and the outcome of pending litigation and government 
investigation. Additional risks that could affect our future operating results 
are more fully described in our United States Securities and Exchange 
Commission filings including our Annual Report on Form 20-F for the fiscal year 
ended March 31, 2019. These filings are available at www.sec.gov. Infosys may, 
from time to time, make additional written and oral forward-looking statements, 
including statements contained in the Company's filings with the Securities and 
Exchange Commission and our reports to shareholders. The Company does not 
undertake to update any forward-looking statements that may be made from time 
to time by or on behalf of the Company unless it is required by law.

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SOURCE:  Infosys