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In a regulatory filing, Infosys said the acquisition of Rs 153.6 crore revenue InSemi is expected to close during the fourth quarter of fiscal 2024, subject to customary closing conditions.
“Consideration including earn-outs, and management incentives, and retention bonus totaling up to INR 280 crores subject to customary closing adjustments,” Infosys said.
The Bengaluru headquartered InSemi has a headcount of over 900 persons.
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