Infosys has announced its acquisition of in-tech, a top Engineering R&D services provider focused on the German automotive industry. This strategic move enhances Infosys' capabilities in the engineering R&D space and strengthens its commitment to clients navigating digital engineering.
Based in Germany, in-tech specialises in digitisation in automotive, rail transport, and smart industry sectors. It offers solutions in e-mobility, autonomous driving, and electric vehicles. in-tech's client portfolio includes marquee German original equipment manufacturers (OEMs) and a multidisciplinary team of 2,200 people across multiple countries.
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Dinesh Rao, EVP and Co-Delivery Head at Infosys, said the collaboration bolsters Infosys' capabilities in automotive innovation and software-defined vehicles. “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.”
Jasmeet Singh, EVP and Global Head of Manufacturing, emphasised the partnership's potential to bring high-quality, innovative products to market quickly.
in-tech CEO Tobias Wagner noted the partnership's potential for unprecedented growth and value for clients. “Over the past 22 years, we have created an impressive company history, characterised 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.”
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