Infosys has acquired Gen-i's software solutions practice. The move comes after months of rumours that Gen-i was to be acquired, some of which had it that IBM was the buyer.
According to a statement from Gen-i, Infosys has "offered positions to more than 110 employees and contractors, who will continue to be based in Auckland, Wellington and Christchurch."
The statement continues: "The partnership will create growth in New Zealand-based jobs – Infosys plans to hire an additional 15-30 people."
Patrick Kouwenhoven, Gen-i's head of software solutions, will run Infosys' New Zealand operations, and will report to Infosys associate vice president Ashok Mysore.
In the statement, Infosys Australia-New Zealand managing director Jackie Kernohan says: "“Since launching our first New Zealand office 18 months ago, we have been studying the market to find the right strategic partner.
"Our partnership with Gen-i makes sense because we share core values and complement each other’s strengths to fill some critical gaps in the marketplace. We will be adding our global R&D, business transformation and industry-specific capabilities to an iconic New Zealand brand.”
Gen-i CEO Chris Quin says: "“There has been a lot of consolidation in the IT services market recently, leaving an opportunity for a strong local partnership which can deliver world class capabilities in hosted and integrated ICT solutions.
“Earlier this year we reviewed our Software Solutions practice and decided on the best approach for accelerating growth and strengthening our capability.
“Our strategic partnership with Infosys increases the breadth and depth of solutions we can deliver to trans-Tasman clients, and supports our strategy of becoming Australasia’s most preferred ICT hosted services and integrated ICT solutions provider.”