News

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.
“Panaya and Skava are giving investors sleepless nights,” quipped a shareholder at Infosys’ Annual General Meeting on June 22 in Bengaluru. Clearly the company continues to be under fire ...
Indian IT services provider Infosys on Thursday announced it has completed the acquisition of digital experience solutions provider Skava for $120 million.
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 ...
Once a gaming company, Skava pivoted to success helping big-box retailers sell online. Skava, a San Francisco e-commerce tech provider focused on mobile and in-store platforms for big-box ...
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 ...
Skava is Infosys' second-largest buy this year, after the company bought Israel-based automation solutions startup Panaya for $200 million.
Infosys will now continue to hold companies at a reduced fair value with plans to repurpose Skava’s micro services-based business and refocus Panaya’s suite of products.
Tech bellwether Infosys said Panaya and Skava are no more considered assets for sale; instead, they have been put on a growth path.
Less than two months after it purchased Panaya, Infosys spent $120 million to buy Skava, a US-based mobile commerce firm, in April 2015. Earlier this year, Infosys decided to sell both Panaya and ...
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 to sell Panaya -- the ...