Infosys acquires automation tech firm Panaya for $200 million
Posted on: 2015-02-18 Posted by: CLAT Gurukul Category: Archive Blog
[caption id="attachment_1305" align="aligncenter" width="259"] Infosys[/caption] India’s software services giant Infosys has announced to acquire US-based automation technology firm Panaya. Panaya was founded in 2005 in Israel by its current CEO Doron Gerstel. It has around 50 employees and its clients include Coca-Cola, Mercedes-Benz, Bosch, Whirlpool, GSK and Siemen . Panaya is the Infosy’s second largest acquisition after it had acquired Zurich-based consulting company in 2012 for around $350 million. Note: For more updates on topics asked in CLAT, keep visiting CLAT Gurukul which is a knowledge sharing initiative of The Knowledge Tree, Patna's premier coaching institute for CLAT and for other law entrance exams like AILET, SET, LSAT etc.