Infosys said on Friday that it has completed the acquisition of Australian cybersecurity services firm The Missing Link in an all-cash deal of Australian $98 million (about Rs 532 crore).
Infosys has acquired the firm through its wholly-owned subsidiary Infosys Singapore Pte Ltd, according to a regulatory filing made last month.
The acquisition strengthens Infosys' cybersecurity capabilities while bolstering its presence in the fast-growing Australian market, the company said.
"This strategic investment further strengthens Infosys' cybersecurity capabilities, while bolstering its presence in the fast-growing Australian market, and reaffirms its continued commitment to global clients to navigate their digital transformation journey. Together with The Missing Link, and Infosys Cobalt, Infosys aims to usher in a new wave of differentiated value to customers, with specialised end-to-end cybersecurity offerings and solutions," a statement issued by the company said.
Founded in 1997, The Missing Link is a cybersecurity and cloud services specialist, delivering services across the entire spectrum of IT strategy, technology roadmap, project management, cybersecurity, risk assessments and mitigation and automation services.