Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, October 05 2020 - 19:06
AsiaNet
Infosys Completes Acquisition of GuideVision, a Leading ServiceNow Elite Partner in Europe
BENGALURU, India and PRAGUE, Oct. 5, 2020 /PRNewswire- AsiaNet/ --

    Infosys (https://www.infosys.com/)(NYSE: INFY), a global leader in 
next-generation digital services and consulting, today announced that it has 
completed the acquisition of GuideVision (https://infosys.guidevision.eu/), one 
of the largest ServiceNow Elite Partners in Europe and an award winning 
enterprise service management consultancy specialised in offering strategic 
advisory, consulting, implementations, training and support on the ServiceNow 
platform. This follows the 
announcement(https://www.infosys.com/newsroom/press-releases/2020/acquire-enterp
rise-service-management-consultancy.html) the company made on September 14, 
2020.

    Through this acquisition, Infosys further enhances its digital 
capabilities, strengthens Infosys Cobalt portfolio of cloud services and 
reaffirms commitment to the growing ServiceNow ecosystem. GuideVision brings to 
Infosys, end-to-end offerings, including SnowMirror - a proprietary smart data 
replication tool for ServiceNow instances – that enables over 100 enterprise 
clients to simplify complex business and IT processes. GuideVision's training 
academy and nearshore capabilities in Czech Republic, Hungary, Poland, and 
presence in Germany and Finland strengthens Infosys' ServiceNow capabilities, 
offering clients in Europe unparalleled capabilities in cloud-first digital 
transformation. 
ServiceNow is one of the fastest growing enterprise software companies, and is 
becoming an 'essential service' and workflow standard for organizations. 
Infosys was recognized by ServiceNow as the 2019 and 2020 ServiceNow Global 
Service Provider Partner of the Year. 


    Infosys is excited to welcome GuideVision and its leadership team. 

    ServiceNow, Now Platform and others are among the trademarks of ServiceNow, 
Inc.


    About Guidevision 

    GuideVision is a dynamic and progressive consultancy committed to enabling 
clients to reimagine and transform their enterprise service management with 
ServiceNow. GuideVision offers a unique combination of strategic expertise, 
innovative technological knowledge and agile methodology. Our mission is to 
make ServiceNow work for you and your goals. www.guidevision.eu 


    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 nearly four 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 in this release concerning our future growth prospects, 
financial expectations and plans for navigating the COVID-19 impact on our 
employees, clients and stakeholders are forward-looking statements 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 COVID-19 and the 
effects of government and other measures seeking to contain its spread, risks 
related to an economic downturn or recession in India, the United States and 
other countries around the world, changes in political, business, and economic 
conditions, 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, 2020. 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.

    Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg 

    Source: Infosys