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Infosys Buys e-Commerce Service Provider Skava for $120 Million

Infosys Buys e-Commerce Service Provider Skava for $120 Million Image Credit: Infosys

Indian consulting & IT powerhouse, Infosys has acquired Skava, a leading provider of digital experience solutions, including mobile commerce and in-store shopping experiences to large retail clients, in a deal worth $120 million. The acquisition of Skava is part of Infosys’ strategy to help clients bring new digital experiences to their customers through IP-led technology offerings, new automation tools and unparalleled skill and expertise in these new emerging areas.

Skava delivers a cloud hosted platform for mobile websites, apps, and other digital shopping experiences across mobile, tablet, desktop, in-store, and all emerging channels to large retail clients worldwide. The platform enables retailers to provide a mobile specific experience to their customers through an agile and flexible environment, enabling personalization and delivering customer analytics across multiple channels. 

Dr. Vishal Sikka, Chief Executive Officer, Infosys
We see the power of digital experiences in reaching consumers, and in particular retail shoppers in entirely new ways where the physical retail is being augmented and amplified by the digital. Our retail clients want to be part of this digital transformation that is happening all around us, and with this acquisition, we are uniquely positioned to help our clients manage the mobile experiences of their customers, increase revenues through higher conversion rates, and ultimately deliver a delightful and engaging shopping experience.

Arish Ali, Chief Executive Officer, Skava
We are extremely excited about our new partnership with Infosys. Together, we have the ability to deliver state of the art mCommerce and in-store digital experience solutions with unparalleled access to the largest and most innovative retail clients around the globe.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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