NEW DELHI: Indian tech giant Infosys today announced a definitive agreement to acquire Fluido, the leading Salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training services in a deal worth up to EUR 65 million (over Rs 544 crore).
The acquisition of Fluido is expected to close during the third quarter of fiscal 2019, subject to customary closing conditions.
Executing on its strategy to help clients navigate the next in their digital transformation journey, this acquisition strengthens Infosys’ position as a leading Salesforce enterprise cloud services provider, and enhances its ability to provide clients an unparalleled cloud-first transformation.
Fluido, is one of the largest and longest tenured independent Salesforce Platinum Consulting Partners in Europe and an Authorized Salesforce Training Delivery partner in the Nordics. Fluido brings to Infosys globally recognized Salesforce expertise, alongside a world-class agile delivery process that simultaneously simplifies and scales digital efforts across channels and touchpoints.
With offices in Finland, Denmark, Sweden, Norway and Slovakia, Fluido elevates Infosys’ presence across the Nordics region with developed assets and deep client relationships, a great team and an effective local culture. Fluido customers are represented across industries, such as manufacturing, energy, retail and telecommunications, to whom Fluido delivers services that span from strategy consulting to implementation and training.
Ravi Kumar, President and Deputy COO, Infosys, said, “This acquisition demonstrates Infosys’ commitment to the Salesforce ecosystem to address our client’s digital priorities. Fluido will be an important addition to the Infosys family, bringing a unique combination of market presence, deep salesforce expertise, agile delivery and training, that combined with our existing capabilities will help companies reimagine and transform their businesses. This acquisition also aligns to our efforts to invest in local capabilities in the regions in which we operate.”
Fluido Founder and CEO, Kai Mäkelä added, “Over the past eight years Fluido customers have seen tremendous success as the scope of our Salesforce deliveries have grown. With Infosys we will now be able to provide truly global scalable services while maintaining the close relationship with our customers. With digital experience playing a key role in customer success, we are excited to have the opportunity to work with Infosys to help Fluido customers change the way they connect with their customers. Both the scale and breadth of the Infosys portfolio of offerings, broad industry expertise and enterprise cloud adoption is an exciting opportunity for Fluido customers, and our people.”
“Both Fluido and Infosys are important partners in the Salesforce ecosystem that are each driving outstanding customer experiences by utilizing the world’s leading CRM platform,” said Tyler Prince, EVP, Industries and Partners, Salesforce.
“Together, their combined expertise will further drive our customer’s digital transformations across industries in the Nordics and European market,” he added.