Report from brokerage firm Motilal Oswal show that the acquisition is for a total cash consideration of $250 million,out of which $50 million being conditional payout. Simplus, with roughly 500 sales force consultants, brings to Infosys a broad clientele across a variety of industries including high-tech, financial services, retail,and healthcare. Commenting on acquisition, Ryan Westwood, CEO & co-founder,Simplus,said,"We have viewed this partnership from a culture-first lens from the beginning,and we believe that the alignment of our company values,and the preservation of our company DNA will allow us to accelerate growth together become the strongest and most respected partners in the sales force ecosystem.
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