Infosys buying digital commerce provider Kallidus in $120 million deal

Also doing business under the moniker Skada, Kallidus comes with a cloud-based digital commerce platform designed to link all of the e-commerce endpoints from the couch to the counter.

Infosys, a global technology consulting and outsourcing firm, is bolstering its e-commerce resources with the acquisition of Kallidus.

Also doing business under the moniker Skada, Kallidus comes with a cloud-based digital commerce platform designed to link all of the e-commerce endpoints from the couch to the counter.

That includes desktop and mobile apps as well as in-store channels.

Infosys plans to integrate the Kallidus portfolio to bring more digital shopping experience solutions and opportunities to its customers.

Specifically, this includes offering IP-led technology, automation tools and additional expertise and consulting in emerging commerce areas.

"We see the power of digital experiences in reaching consumers, and in particular retail shoppers in entirely new ways where the physical retail is being augmented and amplified by the digital," explained Infosys CEO Dr. Vishal Sikka in prepared remarks.

Infosys is paying upwards of $120 million in an all-cash deal. Deutsche Bank acted as the sole financial advisor to Infosys.

The merger is expected to go through by the end of the first quarter of fiscal 2016.

The Kallidus purchase follows up Infosys's $200 million acquisition of Software-as-a-Service provider Panaya in February.

The enterprise resource planning software company was picked up to enhance Infosys service lines as Infosys continues to fortify solutions around cloud, big data, artificial intelligence, omni-channel retailing, and next-gen payment systems.


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