Infosys to buy Israeli auto-tech company

(M) India’s giant IT company Infosys is acquiring Israel’s Panaya Inc for $200 million in cash.  Panaya was among the top 100 global tech start-ups in 2009.  It provides automation technology for companies such as Mercedes Benz, Sony and Unilever.

http://indianexpress.com/article/business/companies/infosys-to-buy-israeli-start-up-for-200-million/

This entry was posted in Economy & Business. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *