DNKEY - Infosys join hands With Danske Bank to accelerate Bank's digital transformation initiatives
2023-06-26 02:57:17 ET
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Infosys ( NYSE: INFY ) said on Monday that it has signed a strategic collaboration with Denmark-based Danske Bank ( OTCPK:DNSKF ) to accelerate the bank's digital transformation initiatives.
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The move expands Infosys' ( INFY ) footprint and reinforces commitment to the Nordics.
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As part of the collaboration, the IT giant will also acquire Danske Bank's ( OTCPK:DNSKF ) IT center in India, where over 1,400 professionals are employed.
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Infosys ( INFY ) said it looks forward to welcoming Danske India employees joining its team as part of this journey.
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Infosys ( INFY )expects the transactions to be completed before the Q2 of fiscal year 2024.
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Infosys join hands With Danske Bank to accelerate Bank's digital transformation initiatives