PR87603

BENGALURU, India and MELBOURNE, Australia, Jan. 13, 2021 /PRNewswire=KYODO JBN/ --

- Strengthens Infosys' creative digital capabilities across Australia    

    Infosys [https://www.infosys.com/] (NYSE: INFY), a global leader in

next-generation digital services and consulting, today announced a definitive

agreement to purchase assets and onboard employees of Carter Digital

[https://carterdigital.com.au/], one of Australia's leading and award-winning

experience design agencies. This asset takeover strengthens Infosys' global

design and experience offerings, demonstrates its continued commitment in

bringing innovative thinking, talent and creativity to its clients, and provide

effective global digital solutions.

    Carter brings to Infosys, experts in human centered design, experiential,

enhanced digital transformation, customer interaction expertise, and will also

cement WONGDOODY, an Infosys brand, into the Australasian market.The agency is

known for its holistic approach and 'people first, design later' mantra,

delivering services to connect digital to physical experiences in the consumer,

commerce, technical and corporate environments, backed with data analysis,

analytics, and creative expertise, to drive compelling, purposeful outcomes.

    With services that include business and creative strategy, research and

insights, branded commerce and digital product development, user and customer

experiences, interaction, experiential and creative design, consumer and

product design, Carter delivers enriched, purpose-led experience for brands

across arts, culture, education, tourism, events, start-ups and healthcare.

    Together with Infosys' earlier acquisition of WONGDOODY

[https://www.infosys.com/newsroom/press-releases/2018/acquire-creative-consumer-

insight-agency.html] that offers creative and marketing services, Carter brings

complementary capabilities to help global CMOs and businesses thrive in a

digital commerce world.  As part of Infosys' global design and experience

offering, Carter Digital will be rebranded as WONGDOODY and join its network of

studios across Seattle, Los Angeles, New York, Providence, Houston, and London,

as well as design hubs in five Indian cities.

    Andrew Groth, Senior Vice President and Region Head for Australia and New

Zealand, said, "Australia is a strategic market for Infosys and the company has

enjoyed strong and consistent growth serving marquee clients across a range of

industries from telecom and financial services, to utilities and the public

sector. As digital experience becomes a critical differentiator in most

enterprise transformations, the addition of Carter's capabilities reaffirms our

commitment to help clients navigate their digital priorities with a complete

end-to-end offering."

    Ben Weiner, CEO, WONGDOODY, an Infosys company, added, "In Carter, we have

found kindred spirits who align with the cultures of both WONGDOODY and

Infosys. We are very excited to bring their capabilities to Infosys' clients in

the market where the opportunity to add layers of digital strategy, customer

experience, and design is significant and compelling. We are excited to welcome

Carter Digital to the Infosys family"

    "Carrying the WONGDOODY flag into our region provides us the ability to

turbo charge our delivery. This, along with the backing of Infosys, means we

now have the instant depth and scalability to meet the growing needs and

expectations of our current and future clients," said Paul Beardsell, Founder &

Managing Director, Carter Digital.

    James Noble, Founder & Chief Creative Officer of Carter Digital added,

"We're excited to be joining WONGDOODY, an Infosys company. Being a

like-minded, internationally recognised human experience and brand engagement

agency creates enormous opportunities for us in the Australasian market. This

enable us to further our industry-leading work, connecting us to new

capabilities, and enhancing our partner's success."

    This is an asset purchase and the transaction is expected to close during

the fourth quarter of fiscal 2021, subject to customary closing conditions.

    About Carter Digital

    Putting people ahead of everything else, Carter delivers human-centric,

data driven outcomes to transform the way customers interact with businesses,

in a rapidly changing digital world. Delivering experiences to surprise and

delight the people using them, they enable clients to exceed audience needs,

grow market share and deepen engagements. Carter have achieved sustained

success in a world where technology, expectations and adapts to meet customer

behaviours.

    Winner of numerous industry accolades and awards on behalf of their clients

since 2010, is an acknowledgement of the consistent results Carter deliver.

    About WONGDOODY, an Infosys company

    WONGDOODY is an award-winning creative agency and the global

experience-and-design platform for Infosys. The company is recognized for

branding, retail, and consumer insights. With offices in Seattle, New York, Los

Angeles, Providence, and across the globe; WONGDOODY clients have included

Amazon, Honda, and a wide range of Fortune 500 companies.

    About Infosys

    Infosys is a global leader in next-generation digital services and

consulting. We enable clients in 46 countries to navigate their digital

transformation. With nearly four decades of experience in managing the systems

and workings of global enterprises, we expertly steer our clients through their

digital journey. We do it by enabling the enterprise with an AI-powered core

that helps prioritize the execution of change. We also empower the business

with agile digital at scale to deliver unprecedented levels of performance and

customer delight. Our always-on learning agenda drives their continuous

improvement through building and transferring digital skills, expertise, and

ideas from our innovation ecosystem.

    Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your

enterprise navigate your next.

    Safe Harbor

    Certain statements in this release concerning our future growth prospects,

financial expectations and plans for navigating the COVID-19 impact on our

employees, clients and stakeholders are forward-looking statements intended to

qualify for the 'safe harbor' under the Private Securities Litigation Reform

Act of 1995, which involve a number of risks and uncertainties that could cause

actual results to differ materially from those in such forward-looking

statements. The risks and uncertainties relating to these statements include,

but are not limited to, risks and uncertainties regarding COVID-19 and the

effects of government and other measures seeking to contain its spread, risks

related to an economic downturn or recession in India, the United States and

other countries around the world, changes in political, business, and economic

conditions, fluctuations in earnings, fluctuations in foreign exchange rates,

our ability to manage growth, intense competition in IT services including

those factors which may affect our cost advantage, wage increases in India, our

ability to attract and retain highly skilled professionals, time and cost

overruns on fixed-price, fixed-time frame contracts, client concentration,

restrictions on immigration, industry segment concentration, our ability to

manage our international operations, reduced demand for technology in our key

focus areas, disruptions in telecommunication networks or system failures, our

ability to successfully complete and integrate potential acquisitions,

liability for damages on our service contracts, the success of the companies in

which Infosys has made strategic investments, withdrawal or expiration of

governmental fiscal incentives, political instability and regional conflicts,

legal restrictions on raising capital or acquiring companies outside India,

unauthorized use of our intellectual property and general economic conditions

affecting our industry and the outcome of pending litigation and government

investigation. Additional risks that could affect our future operating results

are more fully described in our United States Securities and Exchange

Commission filings including our Annual Report on Form 20-F for the fiscal year

ended March 31, 2020. These filings are available at www.sec.gov

[https://www.sec.gov/]. Infosys may, from time to time, make additional written

and oral forward-looking statements, including statements contained in the

Company's filings with the Securities and Exchange Commission and our reports

to shareholders. The Company does not undertake to update any forward-looking

statements that may be made from time to time by or on behalf of the Company

unless it is required by law.

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    Source: Infosys