7/14/22, 11:37 AM infosys: Infosys to acquire Denmark-based BASE life science for Rs 875 crore - The Economic Times

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Business News › News › Company › Corporate Trends › Infosys to acquire Denmark-based BASE life science for Rs 875 crore

Infosys to acquire Denmark-based BASE life

science for Rs 875 crore
2
PTI Last Updated: Jul 13, 2022, 09:37 PM IST
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Synopsis

ecnaniF j
Infosys on Wednesday said it will acquire Denmark-based BASE life science for about 110

ecnaniF jajaB
million euros (Rs 875 crore) in an all-cash deal.

Infosys NSE -0.35 % on Wednesday

said it will acquire Denmark-based Bajaj
Finance
BASE life science for about 110 million
euros (Rs 875 crore) in an all-cash deal.
The acquisition will deepen Infosys'

Fixed
expertise in life sciences domain as
well as strengthen its footprint across
Europe.

Deposit
Parekh, who heads the $10 billion IT firm, has
passed out from IIT Bombay in Aeronautical

Engineering. He has also done a Master of

Engineering degree in Computer Science and
Mechanical Engineering from Cornell University.
"This acquisition augments Infosys'
His salary is said to be Rs 49.68 crores. deep life sciences expertise, and
expands our footprint further in the
Nordics region and across Europe, and scales our digital transformation Bajaj Finance

capabilities with cloud-based industry solutions.

"We are excited to welcome BASE life science and its leadership team into the
Infosys family," Infosys president Ravi Kumar S said. Book Now

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7/14/22, 11:37 AM infosys: Infosys to acquire Denmark-based BASE life science for Rs 875 crore - The Economic Times

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BASE brings to Infosys, domain experts with commercial, medical, digital

marketing, clinical, regulatory, and quality knowhow.

"Backed by a team of data science specialists, BASE is at the frontier of the

latest technological developments and trends. It has a strong focus on Data &
AI, and the ability to bridge and integrate business logic and technology,
driving insights for better health outcomes.

"The company has about 200 of the finest, multidisciplinary industry experts
across Denmark, Switzerland, UK, Germany, France, Italy, and a nearshore
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technology hub in Spain," the filing said.

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Together with Infosys, BASE will further expand its portfolio of expertise into Mindtree Q1 Results CNG Price Mumbai

Consumer Health, Animal Health, MedTech and Genomics segments.

"With Infosys as our catalyst, we will be able to accelerate our expansion Popular in Company
internationally and create development opportunities for our people," BASE
1. SAT directs Shivinder Mohan
life science CEO Martin Woergaard said. Singh to deposit 50 pc of
Sebi's penalty in Fortis case

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2 COMMENTS ON THIS STORY

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hours ago JOIN ET PRIME

https://economictimes.indiatimes.com/news/company/corporate-trends/infosys-to-acquire-denmark-based-base-life-science-for-rs-875-crore/articl… 2/5
7/14/22, 11:37 AM infosys: Infosys to acquire Denmark-based BASE life science for Rs 875 crore - The Economic Times
It's a wise vision for Indian as it's vast population is Agro based. The detailed
information is still needs to be updated , as how it will help India ?

Pichumani Rajagopalan 12 hours ago

Good move by Infosys.This will add to its bottom line.Thanks.

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