Telecom sells software business to Infosys

Wednesday 8th June 2011

Telecom's Gen-i business has sold its software solutions practice to the Australian subsidiary of Infosys Technologies Ltd, which is offering positions to the more than 110 employees and contractors affected.

The employees in Auckland, Wellington and Christchurch will expand Infosys' New Zealand team to more than 150 people, and the business has plans to hire an additional 15 to 30 people.

Infosys provides business consulting, technology, engineering and outsourcing services in many countries.

The current management team will lead New Zealand delivery for Infosys, with Patrick Kouwenhoven, currently Gen-i's head of software solutions, appointed to run New Zealand operations under the leadership of Ashok Mysore, associate vice president, Infosys.

The deal involves an ongoing partnership arrangement between the two companies.

"Our strategic partnership with Infosys increases the breadth and depth of solutions we can deliver to trans-Tasman clients," said Chris Quin, chief executive of Gen-i Australasia.

NZPA

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