Category Archives: News

Skava Appoints New CTO, Khurram Khan

Skava, the global e-commerce technology company owned by global consultancy Infosys, has promoted Khurram Khan to Chief Technology Officer. Previously, he was Skava’s VP of Product and Technology. Khurram will report to CEO Arish Ali. On promoting Khan, Ali noted: … Continue reading

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Asia-Pacific Fuels Growth in Retail Ecommerce Sales

Worldwide retail ecommerce is booming and retailers should expand their businesses internationally to meet the demands of global consumers and build an international presence. Global retail ecommerce will reach $1.672 trillion in 2015, a 24.5% increase from last year. Online … Continue reading

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Infosys to buy Kallidus Inc for $120 mn

Posted Apr 24, 2015 by Yahoo News india. See original article here. Chennai, April 24 (IANS) Cash-rich information technology bellwether Infosys Ltd said on Friday that it has entered into definitive agreement to acquire Kallidus Inc. (d.b.a Skava) and its affiliate … Continue reading

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Skava Acquired for $120M

Posted Apr 27, 2015 by Media Post. See original article here. Infosys, the India-headquartered consulting and IT firm, is on the verge of making its second significant acquisition of the year after it announced a deal to buy digital e-commerce services provider Kallidus … Continue reading

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E-commerce tech firm Skava acquired by Infosys for $120 million

Posted Apr 27, 2015 by Patrick Hoge at San Francisco Business Journal. See original article here. Skava, a San Francisco e-commerce tech provider focused on mobile and in-store platforms for big-box retailers, has agreed to be acquired along with an … Continue reading

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Infosys acquires US-based Kallidus for $120 million

Posted Apr 25, 2015 by Debojyoti Ghosh at Forbes India. See original article here. With a new strategy geared towards re-energising the company’s growth engine led by newer technologies and innovation across all its services, Infosys on Friday announced the acquisition … Continue reading

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Infosys acquires m-commerce platform for $120 million

Posted Apr 25,2015 by Times of India. See original article here. BENGALURU/ CHENNAI: Infosys has made a second big acquisition in a little over two months, marking a significant change in the company’s approach to M&As under CEO Vishal Sikka. It … Continue reading

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Infosys to acquire Kallidus Inc

Posted Apr 25, 2015 by Live Mint. See original article here. Infosys has entered into definitive agreement to acquire Kallidus Inc. (d.b.a Skava) and its affiliate, a leading provider of digital experience solutions, including mobile commerce and in-store shopping experiences … Continue reading

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Infosys to buy US digital commerce firm Kallidus Inc for $120 million

Posted Apr 25, 2015 by ET Bureau at Economic Times. See original article here. BENGALURU: Infosys has agreed to buy Kallidus Inc, a US-based digital and mobile commerce solutions provider, for about $120 million in its second significant acquisition in the … Continue reading

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Infosys Profit Rose 3.5% Last Quarter

Posted April 24, 2015 by Dhanya Ann Thoppil at Wall Street Journa. See original article here. BANGALORE, India—Infosys Ltd. on Friday reported a weaker-than-expected 3.5% rise in net profit last quarter and forecast tepid revenue growth, weighed by currency fluctuations … Continue reading

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