By Elias Schisgall
Infosys will acquire Stratus, a provider of technology solutions for the property and casualty insurance industry.
The digital services and consulting company said Wednesday Stratus would bring a team of more than 450 people with domain and technical expertise, adding that the acquisition would improve its position in the insurance sector.
Financial terms of the deal weren't disclosed.
Infosys said the deal will combine Stratus' capabilities with Guidewire Software with the Infosys Topaz AI tools and the Infosys Cobalt cloud products. Stratus also brings relationships with new insurance customers and a presence in key international buying centers, Infosys said.
"Joining Infosys allows us to carry this mission forward at global scale by combining our Guidewire and P&C specialization with Infosys Topaz and Infosys Cobalt," Stratus Chief Executive Chuck Fillizola said. "This is a powerful strategic fit that accelerates innovation while preserving the consulting-led, human-centered culture our clients, partners and teams rely on."
The deal is expected to close in the first quarter of fiscal 2027.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
03-25-26 1620ET
