Infosys, the Indian IT services titan, has struck a major strategic move by agreeing to acquire a 75 percent stake in Versent Group, a key digital transformation and cloud services unit of Australia’s telecommunications heavyweight Telstra Group.

The transaction, valued at approximately $233.3 million (around US $153 million), positions Infosys firmly at the heart of Australia’s high-growth enterprise digital and AI landscape.

Established as a wholly owned Telstra subsidiary, Versent Group brings to the table deep domain expertise across sectors such as finance, energy, utilities, government, and education. Its reputation has been crafted by delivering cloud-native strategies and implementation at scale. Continue reading Infosys Acquires 75% of Versent Group to Power AI-Led Cloud Expansion in Australia →