M&A

M&A

Infosys Consulting acquires Singtel's delivery centre in Malaysia for $4.4 M

Mint  

Infosys Consulting Pte Ltd, a wholly-owned subsidiary of Infosys Ltd, has acquired a 100% of the share capital of Singapore Telecommunications Ltd's (Singtel) delivery centre in Malaysia – Global Enterprise International Malaysia – for SGD 6 million (about USD 4.4 million). The acquisition is aimed at bolstering the company's presence in Malaysia as a strategic delivery and sales hub in South East Asia for global clients. Incorporated in 2013, Global Enterprise International Malaysia is a step-down subsidiary of Singtel and is based in Kuala Lumpur, Malaysia. It acts as a delivery centre to provide customer experience and technology services to Singtel.