Infosys acquires automation tech firm Panaya for $200 million
India’s software services giant Infosys has announced to acquire US-based automation technology firm Panaya.
Panaya was founded in 2005 in Israel by its current CEO Doron Gerstel. It has around 50 employees and its clients include Coca-Cola, Mercedes-Benz, Bosch, Whirlpool, GSK and Siemen .
Panaya is the Infosy’s second largest acquisition after it had acquired Zurich-based consulting company in 2012 for around $350 million.
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