INFOSYS TEAMS UP WITH DAIMLER AG TO BAG A MULTI YEAR $1.3BN!!!!!!!!!

 Infosys shares jumped up by 4 percent on November 23. Do you know why?


          "INFOSYS BAGS UP WITH DAIMLER!!!!!!!!!!!!"

The latest boost is in lieu with a report that the company has gained speed and gonna lead as a front runner in a multi year 1.3 billion deal from Daimler. The deal involves shifting 500-600 employees from Daimler to the IT firm focusing on infrastructure management services, networks and data centres.

Daimler's spokesperson for Digitalisation and IT for Mercedes-Benz cars and vans Dora Constantinita said, " In the area of IT, we'll continue to focus on our internal IT competencies on software development to make Daimler a front-runner in the digital competition. She also stated that they'll be able to benefit from the innovative performance by the global IT companies in the areas of workplace IT, data centres and networks.

Infosys and ATP on Friday declared that they have renewed their partnership for the next upcoming three years. Hence this agreement will maintain Infosys continuance as Global Technology Services Partner and Digital Innovation Partner  of ATP, through 2023.

However Infosys has gained a gradual rise in share market and continues to outperform in the IT sector amongst its competitors. Even though Daimler has its own technology sector, teaming up with Infosys gives them a better clarity and have taken them to the next step by getting in field of the IT sector. Their partnership have made the companies scale up heights!!!!!!!!!


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