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Infosys and Telstra Announce Joint Venture in Australia

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Infosys (NYSE: INFY) has announced a significant joint venture with Telstra, acquiring a 75% stake in Versent Group, an Australian Digital Transformation Solutions Provider. Telstra will retain a 25% minority stake in the venture.

Versent Group, with a team of 650 engineers and strategists, serves major blue-chip organizations in Australia's government, education, financial, energy, and utilities sectors. The collaboration will combine Versent's cloud expertise with Infosys' AI capabilities, including Infosys Topaz and Cobalt platforms.

This strategic move builds upon Infosys' existing partnerships with Telstra, including their 2024 software engineering collaboration and 2025 Connected Future 30 strategy initiative. The transaction is expected to close in the second half of FY 2026, pending regulatory approvals.

Infosys (NYSE: INFY) ha annunciato una significativa joint venture con Telstra, acquisendo il 75% del capitale di Versent Group, fornitore australiano di soluzioni per la trasformazione digitale. Telstra manterrà una partecipazione di minoranza del 25% nel progetto.

Versent Group, con un team di 650 ingegneri e strategist, supporta importanti aziende blue‑chip nei settori governativo, dell'istruzione, finanziario, dell'energia e delle utility in Australia. La collaborazione unisce l'expertise cloud di Versent alle capacità di intelligenza artificiale di Infosys, comprese le piattaforme Infosys Topaz e Cobalt.

Questa mossa strategica si inserisce nelle partnership già avviate tra Infosys e Telstra, tra cui la collaborazione di ingegneria del software del 2024 e l'iniziativa strategica Connected Future 30 del 2025. L'operazione dovrebbe concludersi nella seconda metà dell'esercizio fiscale 2026, previa approvazione delle autorità competenti.

Infosys (NYSE: INFY) ha anunciado una importante empresa conjunta con Telstra, adquiriendo una participación del 75% en Versent Group, un proveedor australiano de soluciones de transformación digital. Telstra mantendrá una participación minoritaria del 25% en la operación.

Versent Group, con un equipo de 650 ingenieros y estrategas, atiende a grandes clientes blue‑chip en los sectores gubernamental, educativo, financiero, energético y de servicios públicos en Australia. La colaboración combinará la experiencia en la nube de Versent con las capacidades de IA de Infosys, incluidas las plataformas Infosys Topaz y Cobalt.

Esta decisión estratégica se apoya en las alianzas ya existentes entre Infosys y Telstra, incluida la colaboración de ingeniería de software de 2024 y la iniciativa estratégica Connected Future 30 de 2025. Se espera que la transacción se cierre en la segunda mitad del ejercicio fiscal 2026, sujeta a las aprobaciones regulatorias.

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Infosys (NYSE: INFY) a annoncé une importante coentreprise avec Telstra, acquérant une participation de 75 % dans Versent Group, un fournisseur australien de solutions de transformation numérique. Telstra conservera une participation minoritaire de 25 % dans l'opération.

Versent Group, qui compte une équipe de 650 ingénieurs et stratèges, intervient auprès de grandes entreprises blue‑chip des secteurs gouvernemental, de l'éducation, des services financiers, de l'énergie et des utilities en Australie. La collaboration associera l'expertise cloud de Versent aux capacités d'IA d'Infosys, notamment les plateformes Infosys Topaz et Cobalt.

Cette démarche stratégique s'appuie sur les partenariats existants entre Infosys et Telstra, y compris leur collaboration en ingénierie logicielle de 2024 et l'initiative stratégique Connected Future 30 de 2025. La transaction devrait être finalisée dans la deuxième moitié de l'exercice 2026, sous réserve des autorisations réglementaires.

Infosys (NYSE: INFY) hat ein bedeutendes Joint Venture mit Telstra angekündigt und erwirbt 75% der Anteile an der Versent Group, einem australischen Anbieter digitaler Transformationslösungen. Telstra behält eine Minderheitsbeteiligung von 25% an dem Unternehmen.

Die Versent Group verfügt über ein Team von 650 Ingenieuren und Strategen und betreut große Blue‑Chip-Unternehmen in den Bereichen Regierung, Bildung, Finanzen, Energie und Versorgung in Australien. Die Zusammenarbeit verbindet Versents Cloud‑Expertise mit den KI‑Fähigkeiten von Infosys, darunter die Plattformen Infosys Topaz und Cobalt.

Dieser strategische Schritt baut auf den bestehenden Partnerschaften zwischen Infosys und Telstra auf, darunter die Software‑Engineering‑Kooperation von 2024 und die Strategieinitiative Connected Future 30 aus 2025. Der Abschluss der Transaktion wird für die zweite Hälfte des Geschäftsjahres 2026 erwartet, vorbehaltlich behördlicher Genehmigungen.

Positive
  • Strategic acquisition of 75% stake in Versent Group strengthens Infosys' presence in Australian market
  • Access to Versent's established client base of blue-chip organizations across key sectors
  • Integration of Infosys' AI capabilities with Versent's cloud expertise creates enhanced service offering
  • Addition of 650 skilled professionals to Infosys' local workforce
Negative
  • Significant capital investment required for 75% stake acquisition
  • Integration challenges between different organizational cultures and systems
  • Regulatory approval process could delay closing until second half of FY 2026

Accelerating AI-powered Cloud & Digital transformation for Australian enterprises

BENGALURU, India and MELBOURNE, Australia, Aug. 13, 2025 /PRNewswire/ -- Ìý(±·³§·¡: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the formation of a joint venture with Telstra, Australia's leading telecommunications and technology company. Accelerating Infosys' strategy to help clients navigate their AI journey, this collaboration will propel AI-enabled cloud and digital solutions for Australian businesses.

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Infosys will acquire 75% of the shareholding in Versent Group1, Australia's leading Digital Transformation Solutions Provider, and a wholly owned subsidiary of Telstra Group, that delivers cloud and digital transformation. Infosys will have operational control, while Telstra will continue to retain a 25% minority stake in Versent Group, reflecting its confidence in the shared potential for growth and customer value, combining Telstra's connectivity, Versent's local digital engineering expertise, and Infosys' global scale.

Versent Group has earned its reputation by helping Australian enterprises design and implement cloud strategy with industry leading partners � delivering digital transformation with deep industry expertise. With a team of 650 engineers, advisors, strategists spread across Australia, Versent Group strengthens Infosys' local presence. Versent Group primarily serves large blue-chip organizations with established presence in government & education, financial institutions, energy, and the utilities sector.

This strategic collaborationÌýwill see Versent Group's cloud and digital transformation expertise boosted by Infosys' advanced AI capabilities, Cloud, Data and Digital consulting services. The collaboration will leverage Ìýand cloud offering , as well as the cybersecurity capabilities of The Missing Link. It aims to deliver a new wave of differentiated value to accelerate end-to-end digital transformation for Australian enterprises and government corporations.

In 2024, Infosys had Ìýa strategic multi-year collaboration with TelstraÌýto accelerate its software engineering and IT transformation journey and enhance customer experience. Further, in 2025, Infosys Ìýa collaboration with Telstra International, to advance technology leadership, drive innovation and support Telstra's new Connected Future 30 strategy. This joint venture is another key step in strengthening the strategic collaboration between the two organizations to further the technology transformation agenda for enterprises across the region.

Vicki Brady, Chief Executive Officer, TelstraÌýsaid, "Our collaboration with Infosys reflects our confidence in the value we can unlock together. Their global scale, deep industry knowledge, and culture of innovation and service excellence will be instrumental in accelerating Versent Group's growth and impact across the region."

Salil Parekh, Chief Executive Officer, InfosysÌýsaid, "We are excited to bring Infosys Topazâ„� to enable transformative AI-first capabilities to complement Versent Group's cloud-first digital foundation. Expanding our trusted collaboration with Telstra, with whom we share a valued relationship, unveils a new opportunity to further accelerate the innovation agenda for enterprises across the region."

Oliver Camplin-Warner, Group Executive for Telstra EnterpriseÌýadded, "We're excited about what's ahead as we deepen our strategic collaboration with Infosys. By combining the strengths of our three businesses, we're creating a unique proposition that will help Australian enterprises grow and innovate in today's fast-moving, AI-driven digital landscape."

Anand Swaminathan, Executive Vice President � Global Head of Communications, Media & Technology, Infosys added, "By combining Infosys' global leadership in digital services with the strength and trust of the Telstra brand, we are uniquely positioned to deliver cloud and AI solutions that are secure, resilient, and built for the digital needs of Australia and New Zealand. This collaboration reflects our shared commitment in accelerating AI-led innovation, and enabling a more connected, intelligent, and digital future for the region."

Infosys is delighted to welcome Versent Group and its leadership team.

The transaction is expected to close during the second half of FY 2026, subject to regulatory approvals and customary closing conditions.

1 Versent Group is Telstra Purple Pty Ltd and is the integration of Versent, Epicon, Telstra Purple Digital and associated Cloud Access products. Telstra Purple Digital refers to carve-out from Telstra's Enterprise Tech Services/Telstra Purple portfolio, and excludes Alliance Automation Pty Ltd, Aqura Technologies Pty Ltd, and Telstra Broadcast Services Pty Limited.

About Telstra

Telstra is Australia's leading telecommunications and technology company, delivering advanced connectivity across mobile, fixed, and digital platforms. We enable people, businesses, and governments to connect to what matters most—locally and globally. Through innovation and network leadership, we're building a more resilient, responsive, and inclusive digital future.

About Versent Group

Versent Group is a market leading digital transformation partner, uniting the capabilities of Versent, Telstra Purple Digital, and Epicon under one brand. With deep expertise in cloud-native solutions and a commitment to delivering real outcomes, Versent Group is focused on helping organisations achieve lasting success in a simpler, stronger way.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 320,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. We enable clients in 59 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

³Õ¾±²õ¾±³ÙÌýÌýto see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence ("AI"), generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available atÌý. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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FAQ

What is the ownership structure of the Infosys-Telstra joint venture?

Infosys will own 75% of Versent Group with operational control, while Telstra will retain a 25% minority stake.

How many employees will Infosys gain through the Versent Group acquisition?

The acquisition will add 650 engineers, advisors, and strategists to Infosys' workforce in Australia.

What industries does Versent Group serve in Australia?

Versent Group primarily serves government & education, financial institutions, energy, and utilities sectors among blue-chip organizations.

When will the Infosys-Telstra joint venture transaction be completed?

The transaction is expected to close during the second half of FY 2026, subject to regulatory approvals and customary closing conditions.

How will this joint venture enhance Infosys' AI capabilities in Australia?

The venture will combine Versent's cloud expertise with Infosys Topaz and Cobalt platforms to deliver AI-enabled cloud and digital transformation solutions.
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