Infosys to buy London’s Brilliant Basics for Rs 63 crore

Software services firm Infosys would acquire London-based firm Brilliant Basics for Rs 62.76 crore (£7.5 million).The acquisition of the firm that specializes in customer experience and product design  Union government approves proposal of Infosys to set up IT SEZand it would also help in expanding design-based technology services in Europe and West Asia. The acquisition cost included earn-out and employee retention amounts.It has also added ‘Brilliant Basics’ design and customer experience capabilities and has already proven to be invaluable.