Mindfields

Infosys buys Portland for $37 million

Infosys buys Portland for $37 million

04 Jan 2012 | The Australian Financial Review

Mohit Sharma, Director of vendor agnostic outsourcing and corporate advisory firm Mindfields Consulting, described the deal as a strategic acquisition of a premium skill set that would also provide Infosys with an opportunity to sell its other services to new clients.

“In the procurement space, you need to have a local presence but most of the work can be sent offshore. Portland has small offshore centres but they were not as cost effective as Infosys because of their size”, he said.

Mr. Sharma also viewed that there was high demand for premium intellectual property assets in low-cost markets that were still evolving.

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