Infosys to Form Australia JV with Telstra, Acquire 75% Stake in Versent

Infosys Ltd. said it will form a joint venture in Australia with Telstra Group by acquiring a 75% stake in Versent Group, a wholly owned subsidiary of Telstra. Infosys will have operational control, while Telstra will retain a 25% minority stake.

Versent is a digital transformation solutions provider based in Australia, with a team of 650 engineers, advisors, and strategists across the country. Infosys said the acquisition will strengthen its local presence.

The deal is expected to close in the second half of 2025-26 , subject to regulatory approvals and customary closing conditions.