"On April 13, 2018, the company entered into a definitive agreement to acquire WongDoody, for a total consideration of up to USD 75 million including contingent consideration and retention payouts, subject to regulatory approvals and fulfillment of closing conditions," Infosys said in a regulatory filing.
The move would strengthen the company's creative, branding and customer experience capabilities. The acquisition is expected to close during the first quarter of fiscal 2019, subject to customary closing conditions.
Previously, the company had announced the acquisition of Brilliant Basics, a London-based digital design and customer experience innovator that works with clients across Europe and Middle East.
"With Infosys Digital Studios spanning the globe from Bengaluru and Pune to New York, London, and Melbourne the addition of WongDoody strengthens Infosys' ability to fulfill the needs of global clients for comprehensive digital transformation solutions required to meet customer demand for next-generation, enhanced customer experiences," it said.
Founded in 1993, WongDoody is headquartered in Seattle and has an office in Los Angeles. It has clients across industries like telecommunications, consumer electronics, healthcare and consumer packaged goods.
