Infosys, a global leader in consulting, technology and next-generation services, today announced that it has completed the acquisition of Fluido, the leading Salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training services. This follows the announcement the company made on September 14, 2018.

Fluido, is one of the largest and longest tenured independent Salesforce Platinum Consulting Partners in Europe and an Authorized Salesforce Training Delivery partner in the Nordics. Fluido brings to Infosys globally recognized Salesforce expertise, alongside a world-class agile delivery process that simultaneously simplifies and scales digital efforts across channels and touchpoints. The acquisition is in accordance with the terms set out in the agreement announced by the company on September 14, 2018.

Through this acquisition Infosys strengthens its position as a leading Salesforce enterprise cloud services provider, and enhances its ability to provide clients an unparalleled cloud-first transformation. With offices in Finland, Denmark, Sweden, Norway and Slovakia, Fluido elevates Infosys’ presence across the Nordics region with developed assets and deep client relationships, a great team and an effective local culture. Fluido customers are represented across industries, such as manufacturing, energy, retail and telecommunications sector.

Infosys has concluded the acquisition for a consideration up to EUR 65 million including earn-out, management incentives and bonuses.

Shares of the company gained Rs 7.45, or 1.1%, to trade at Rs 686.50. The total volume of shares traded was 78,156 at the BSE (10.15 a.m., Monday).