ISSUE
Friday, August 15, 2025
Volume 16 . Issue 72
Auckland: Indian software giant Infosys Technologies' Australian subsidiary has bought the software solutions practice of Telecom's Gen-i business for NZ$5 million, according to a report in The Times of India.
Gen-i is part of the Telecom New Zealand Group. Infosys is offering positions to more than 110 employees and contractors affected by the takeover. The staff in Auckland, Wellington and Christchurch will expand Infosys’ New Zealand team to more than 150 people. It has plans to hire an extra 15 to 30 people. The employee base includes senior developers, technical architects and consultants.
Infosys opened its first New Zealand office in 2009 in Wellington and currently employs some 40 workers. 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.
"The partnership is expected to add revenue of NZ$12 million for the current financial year. We expect the deal to close by July 1, 2011," V Balakrishnan, CFO of Infosys told the Times of India.
Auckland: Indian software giant Infosys Technologies' Australian subsidiary has bought the software solutions practice of Telecom's Gen-i business for NZ$5 million, according to a report in The Times of India.
Gen-i is part of the Telecom New Zealand Group. Infosys is offering positions to more...
Auckland: Indian software giant Infosys Technologies' Australian subsidiary has bought the software solutions practice of Telecom's Gen-i business for NZ$5 million, according to a report in The Times of India.
Gen-i is part of the Telecom New Zealand Group. Infosys is offering positions to more than 110 employees and contractors affected by the takeover. The staff in Auckland, Wellington and Christchurch will expand Infosys’ New Zealand team to more than 150 people. It has plans to hire an extra 15 to 30 people. The employee base includes senior developers, technical architects and consultants.
Infosys opened its first New Zealand office in 2009 in Wellington and currently employs some 40 workers. 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.
"The partnership is expected to add revenue of NZ$12 million for the current financial year. We expect the deal to close by July 1, 2011," V Balakrishnan, CFO of Infosys told the Times of India.
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