Infosys to Acquire The Missing Link; Mitsubishi Heavy Industries Joins Japan JV

MT Newswires Live2025-04-17

Infosys (INFY) agreed to buy Australian cybersecurity company The Missing Link

The acquisition price was as much as 98 million Australian dollars ($61.7 million), according to media reports.

The acquisition is expected to close in the quarter ending June 30, Infosys said Thursday in a statement.

Separately, Mitsubishi Heavy Industries invested in the Infosys-led HIPUS joint venture in Japan.

Mitsubishi Heavy Industries, which has been a HIPUS client, bought a 2% stake in the venture, Infosys said Thursday in a statement. The deal is expected to close in the quarter ending June 30.

The stake was acquired for 150 million yen ($1.05 million), according to media reports.

HIPUS, in which Infosys has a majority stake, was established in 2019 to drive business process transformation for companies using digital procurement platforms.

Infosys shares fell 2% in recent Thursday trading.

Price: 16.25, Change: -0.33, Percent Change: -2.02

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