𝐈𝐧𝐟𝐨𝐬𝐲𝐬 𝐢𝐧𝐤𝐬 $𝟒𝟓𝟒 𝐦𝐧 𝐝𝐞𝐚𝐥 𝐰𝐢𝐭𝐡 𝐃𝐚𝐧𝐬𝐤𝐞 𝐁𝐚𝐧𝐤; 𝐭𝐨 𝐚𝐜𝐪𝐮𝐢𝐫𝐞 𝐢𝐭𝐬 𝐈𝐧𝐝𝐢𝐚 𝐈𝐓 𝐜𝐞𝐧𝐭𝐫𝐞
The deal is estimated at $454 million for a period of 5 years with an option to renew for one additional year for a maximum of three times
Infosys has signed a strategic deal with Danske Bank, a leading Nordic bank, to accelerate the bank's digital transformation initiatives with speed and scale. The deal is estimated at $454 million for a period of 5 years with an option to renew for one additional year for a maximum of three times. The acquisition is expected to be completed before Q2FY24.
Headquartered in Denmark, Danske Bank provides banking services to personal and business customers, as well as large corporate and institutional customers. "The collaboration will help Danske Bank achieve its strategic priorities towards better customer experiences, operational excellence, and a modernised technology landscape, powered by next-gen solutions," Infosys said in a statement.
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