Infosys to acquire insurance consulting technology company Stratus

Infosys (INFY) announced a definitive agreement to acquire Stratus, a technology solutions provider for the property & casualty insurance industry. “This strategic move strengthens Infosys’ leadership in the insurance sector and accelerates AIpowered digital and data transformation for global P&C insurance clients. Headquartered in the United States, Stratus brings a team of 450+ experts with deep industry knowledge, consulting excellence, and advanced technology capabilities,” the company stated. The transaction is expected to close during the first quarter of FY 2027, subject to completion of closing conditions. The cost of acquisition or the price at which the shares are acquired is up to $95M, including upfront and earnouts, excluding management incentives, and retention bonus, the company noted in a regulatory filing.