Infosys completes Fluido acquisition

Infosys completes Fluido acquisition

IT and outsourcing giant Infosys has completed its acquisition of Finland-based company Fluido for EUR65m (US$75m). The deal includes earn-out, management incentives, and bonuses. The acquisition strengthens Infosys’ position as a leading Salesforce enterprise cloud services provider, and enhances its ability to provide clients with ‘cloud-first’ transformation. Infosys said Fluido elevates Infosys’ presence across the Nordic region. It currently has offices in Finland, Denmark, Sweden, and Norway, as well as in Slovakia. Fluido customers are represented across industries such as manufacturing, energy, retail and the telecommunications sector. Founded in 2010, Fluido is the leading Salesforce advisor and consulting partner in the Nordics and a recognized leader in cloud consulting, implementation and training services. It was majority-owned by its management team and CapMan private equity, with Salesforce having a minority stake.

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