Infosys, one of the largest software companies of India, acquired Switzerland based global management consultancy firm Lodestone on 10 September 2012 with an enterprise value of $350 million.
It is the largest acquisition by Infosys till date. By the end of October Lodestone will operate as a subsidiary named ‘Infosys Lodestone’ in Europe.
Lodestone is a key player in the SAP domain and has in-depth experience of transformational change.
Lodestone is headquartered in Zurich, and the key role of the company is to advise international companies on strategy and process optimization, and to provide business transformation solutions enabled by SAP's enterprise solutions. Lodestone currently employs about 850 employees, most of whom are SAP professionals.
Infosys is an India based multinational company which provides business consulting, technology, engineering and outsourcing services. It also ranks among the second largest software services exporter.
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