Infosys Gen-i Acquisition In NEW ZEALAND

Infosys has acquired New Zealand company Gen-i for an undisclosed amount. "We have entered into a strategic partnership with Gen-I to acquire its software solutions practice and offered positions to its 110 employees who will continue to be based at Auckland, Wellington and Christchurch in New Zeland," the company said in a statement from Auckland. "The partnership creates 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," Infosys Australia & New Zealand chief executive Jackie Korhonen said in the statement.