Infosys, Telstra Form JV in Australia to Drive AI Cloud Growth


Infosys, Telstra Form JV in Australia to Drive AI Cloud Growth

📅 - Infosys has announced a major expansion of its presence in Australia through a joint venture with Telstra, the country's largest telecommunications and technology provider, aimed at advancing AI-enabled cloud and digital solutions for enterprises.

As part of the arrangement, Infosys will acquire a 75% stake in Versent Group, a Telstra-owned digital transformation specialist, with Telstra retaining a 25% minority interest. The deal, subject to regulatory approvals, is expected to close in the second half of fiscal year 2026.

Versent Group, founded in Australia, has built a reputation as a key player in digital transformation by helping enterprises design and execute cloud strategies in [...][... Check source for end of article ...]
Tags: AI

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