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Infosys to Acquire 75% of Telstra’s Versent for AU$233.25 Million

Pending regulatory approval before the second half of FY26, the venture will merge Infosys’ AI and cloud capabilities with Versent’s engineering expertise alongside Telstra’s connectivity to accelerate digital transformation in Australia.

Versent acquisition: Infosys is among Nomura's top IT picks; here's why
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Overview

  • Under the agreement, Infosys will hold operational control of Versent Group while Telstra retains a 25 percent stake in a newly formed joint venture.
  • Versent Group integrates Versent, Epicon, Telstra Purple Digital and Cloud Access products, employs about 650 specialists and reported AUD 211.4 million in FY25 revenue.
  • The joint venture will leverage Infosys Topaz and Cobalt platforms alongside The Missing Link’s cybersecurity services to deliver secure, AI-enabled cloud and digital solutions.
  • The deal formalises a collaboration that began in 2024 and builds on a 2025 initiative under Telstra’s Connected Future 30 strategy.
  • Broker Nomura projects roughly US$70 million in revenue contribution from the acquisition in FY26 and highlights the alliance as bolstering Infosys’s position in the Australian telecom and cloud market.