Infosys Nova Holdings

Infosys Buys US-Based Kaleidoscope Innovation for USD 42 Mn

"Our subsidiary Infosys Nova Holdings has signed an agreement to acquire 100 per cent equity capital of Kaleidoscope for $42 million," said the city-based $13-billion IT major in a statement from Ohio's Cincinnati in the US midwest. The deal is expected to be completed by the month-end after regulatory approvals.