Infosys to buy London-based digital studio for ₹63 crore

Indian IT major Infosys has signed an agreement to buy London-based digital studio Brilliant Basics for nearly ₹63 crore in an all-cash deal. Infosys said the acquisition cost included earn-out and employee retention amounts, and that the process will be completed by the end of September. Brilliant Basics currently has digital studios in Bengaluru, Pune, New York, London, and Melbourne.