Infosys, a digital services and consulting leader, announced it is acquiring in-tech, an engineering R&D services provider focused on the German automotive industry. This strategic deal further strengthens Infosys’ Engineering R&D capabilities and reaffirms its continued commitment to helping global clients navigate their digital engineering journeys.
Based in Germany, in-tech is one of the fastest-growing Engineering R&D services providers shaping digitization in the automotive, rail transport, and smart industry sectors. in-tech builds solutions in e-mobility, connected and autonomous driving, EVs, off-road vehicles, and railroads. In-tech services include system design, methodical consulting, advanced electronics platform development, automotive-specific software and hardware systems validation, and infotainment and experience validation.
With this deal, in-tech brings Infosys marquee German OEMs, deep client relationships, and extensive industry expertise with a multidisciplinary team of 2,200 people across locations in Germany, Austria, China, the UK, and nearshore locations in the Czech Republic, Romania, Spain, and India.
The deal is expected to close during the first half of fiscal 2025, subject to customary closing conditions and regulatory approvals.
KEY QUOTES:
“Infosys continues to strengthen its Engineering R&D leadership with decades of experience in digital engineering. Together with in-tech, Infosys Topaz, an AI-first set of services, solutions and platforms,and recently acquired InSemi’ semiconductor’s expertise, we have successfully created deeper capabilities for the next phase of automotive innovation in the arena of software defined vehicles. We are excited to welcome in-tech and its leadership team into the Infosys family.”
- Dinesh Rao, EVP & Co-Delivery Head, Infosys
“The automotive industry today is going through a pivotal change, with connected, autonomous, and electric vehicles, and most importantly software-defined vehicles. Electronics and software will drive value for next generation vehicles. Infosys’ leadership with comprehensive offerings serving global auto OEMs, tier-one, and e-mobility start-ups, coupled with in-tech’ engineering prowess presents a differentiated value to our clients bringing high quality innovative products to market faster.”
- Jasmeet Singh, EVP and Global Head of Manufacturing, Infosys
“Over the past 22 years, we have created an impressive company history, characterized by organic growth, strategic acquisitions and high profitability. This strategic partnership with Infosys represents a decisive turning point for us: It opens up unprecedented growth opportunities, and also adds tremendous value to our offering for our clients. Together we now cover the entire end-to-end process, a step that is crucial to fully meet our customers’ needs. With access to more talent and expertise, we gain incredible strength and scale in our delivery capability, enabling us to successfully implement even more ambitious projects.”
- Tobias Wagner, in-tech CEO
“When choosing Infosys, it was important to us that not only the business goals but also the corporate cultures harmonize. I am thrilled that Infosys and in-tech are not only on the same wavelength in terms of innovation and technology, but that we also share the same values – be it our passion for sustainability or our desire to create a work environment where everyone feels valued. This cultural fit amplifies my belief that we will achieve extraordinary success together.”
- in-tech Founder and Board Member, Christian Wagner
