News > Infosys to Acquire US-based Kaleidoscope Innovation for Rs 308 Crore
Infosys to Acquire US-based Kaleidoscope Innovation for Rs 308 Crore
News18 | 03/09/2020 10:46 PM | Click to read full article
India's second-largest IT services firm Infosys on Thursday said it will acquire US-based product design and development firm Kaleidoscope Innovation for up to USD 42 million (about Rs 308 crore).
Kaleidoscope Innovation is a full-spectrum product design, development, and insights firm innovating across medical, consumer, and industrial markets. It designs microsurgical instruments, devices used in minimally invasive surgery, drug delivery devices for ophthalmic therapies, and user-centric wearables.