International legal practice Osborne Clarke has advised Infosys Limited, a global leader in consulting, technology and next-generation services on its acquisition of Brilliant Basics, a London-based product design and customer experience innovator known for its world-class design thinking-led approach and experience in executing global programs.
The acquisition represents Infosys’ commitment to the expansion of a worldwide, connected network of Digital Studios. These studios are focused on fulfilling the needs of global clients for end-to-end digital transformation solutions that meet customer demand for next generation experiences.
Infosys Digital Studios already has studios in Bengaluru, Pune, New York, London and Melbourne. The addition of Brilliant Basics will add expertise in financial services, retail and telecommunications sectors. During FY17, Infosys had revenues of $10.21 billion.
Ravi Kumar S, President & Deputy COO, Infosys Ltd. commented:
“Adding Brilliant Basics’ design and CX capabilities has already proven to be invaluable, helping Infosys close large deals with a deep blend of skills. Brilliant Basics will leverage the breadth and depth of Infosys Digital to drive Digital Transformation solutions, which connect our clients’ Systems of Record to new Systems of Engagement.”
Deepak Padaki, EVP, Head of M&A, Strategy and Risk, Infosys Ltd. Commented:
“The Osborne Clarke team, led by Jeff Chang, has been a great partner to our transaction team for the acquisition of Brilliant Basics Holdings Limited. Their counsel was insightful, practical and relevant, balancing our interests and regional nuances.
This is the first matter Osborne Clarke has acted on for Infosys. The Osborne Clarke team who advised on the deal was led by Corporate Partner, Jeff Chang and Corporate Associate Louise Stuart-Buddery.”
Jeff Chang, Corporate Partner commented:
“We are delighted to have been given the opportunity to act for Infosys on this strategic transaction and be trusted advisors to the in-house legal and M&A teams. We very much look forward to working with them again in the near future.”
