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Infosys to acquire US firms Optimum Healthcare IT for $465 million, Stratus for $95 million
Infosys aims to enhance AI-driven insurance and healthcare solutions by acquiring Stratus and Optimum Healthcare IT, expanding its global digital transformation reach to 63 countries.
- On Thursday, Infosys announced definitive agreements to acquire United States-based firms Stratus and Optimum Healthcare IT, aiming to accelerate AI-powered digital and data transformation across healthcare and insurance sectors.
- These strategic moves strengthen Infosys' leadership in the insurance sector while expanding healthcare capabilities, positioning the company to scale AI-led cloud and data transformation initiatives for clients globally.
- Optimum Healthcare IT, based in Jacksonville Beach, Florida, brings specialized provider-focused capabilities; Stratus, headquartered in Freehold, New Jersey, delivers Guidewire-based solutions to insurers.
- Infosys Chief Executive Officer Salil Parekh said the move creates a "differentiated value proposition for healthcare providers," while Stratus Chief Executive Officer Chuck Fillizola emphasized the firm was built to modernize insurers.
- Both transactions are expected to close during the first quarter of fiscal year 2027, subject to regulatory approvals and standard closing conditions.
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Infosys’ $560 million bet on two US tech firms is its all-time highest M&A spend in a year
Infosys late Wednesday said it had bought two US tech firms for $560 million, marking a record high for its fiscal year. The cash deals, expected to close by June, are expected to add $319 million in incremental revenue. Read below how the buyouts help Infosys in healthcare and insurance sectors.
·New Delhi, India
Read Full Article+12 Reposted by 12 other sources
Infosys to Acquire Leading Insurance Consulting Technology Company, Stratus
Acquisition to unlock AI value with digital and data transformation for global P&C insurers
·Charleston, United States
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The Economic Times
Infosys to acquire US firms Optimum Healthcare IT for $465 million, Stratus for $95 million
March 25 : Indian IT services firm Infosys said on Wednesday it had entered into separate agreements to acquire U.S.-based technology companies Optimum Healthcare IT and Stratus in all-cash deals.Infosys will buy healthcare consulting firm Optimum Healthcare IT for $465 million and insurance technology compan
·Singapore
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Total News Sources41
Leaning Left3Leaning Right4Center11Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 17%
C 61%
R 22%
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