Indian IT services provider Infosys on Thursday announced it has completed the acquisition of digital experience solutions provider Skava for $120 million.

Infosys acquired Panayain an all cash deal for $200 million when Vishal Sikka was the CEO of Infosys in 2015. Panaya. Skava was acquired for $120 million in the same year ...

Infosys Limited (INFY), expanded its portfolio with the launch of Skava Commerce, a modular e-commerce platform. This platform is expected to aid clients in improving their omni-channel experiences.

Once a gaming company, Skava pivoted to success helping big-box retailers sell online. ... The firm has agreed to be acquired by Infosys for $120 million. Paolo Vescia.

Infosys takes Panaya, Skava sale deal off the table Infosys now plans to re-purpose Skava’s micro services-based business By PTI. Updated - December 06, 2021 at 09:30 ...

Skava marks Infosys’s second largest acquisition this year, after the company bought Israel-based automation solutions startup Panaya earlier this year for $200 million.

In 2015, Infosys, under the leadership of then CEO Vishal Sikka, had bought Israeli automation technology firm Panaya for around $ 200 million and e-commerce service provider Skava for $1 20 million.

Infosys bought Panaya and Skava on former CEO Vishal Sikka’s watch. It spent $320 million on the two and now, less than two years since the acquisitions, it has written down $90 million on ...

Infosys drops plan to sell Panaya, Skava Panaya was a bone of contention between founder Narayana Murthy and former CEO Vishal Sikka. Dhirendra Tripathi. Updated 11 Jan 2019, 09:01 PM IST.

Infosys said upon de-classification, it has recognised additional depreciation and amortisation expenses of USD 12 million and a reduction of USD 65 million in the carrying value for Skava.

New Delhi, Jan 11 (PTI) Infosys has dropped plans to sell Panaya and two other subsidiaries Skava and Kallidus after it failed to find any potential buyers.In April, Infosys had announced its plan ...