Infosys to acquire majority stake in Telstra-owned Versent

Infosys will acquire 75% of the shareholding in manager services provider Versent Group, a wholly owned subsidiary of Telstra Group.

Infosys will have operational control, while Telstra will continue to retain a 25% minority stake in Versent.

This move is designed to see Versent’s cloud and digital transformation expertise boosted by Infosys’ advanced AI capabilities, cloud, data and digital consulting services.

The collaboration will also leverage Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies, and cloud offering Infosys Cobalt, as well as the cybersecurity capabilities of The Missing Link, who Infosys acquired earlier this year.

With a team of 650 engineers, advisors and strategists spread across Australia, Versent Group primarily serves large blue-chip organisations with established presence in government and education, financial institutions, energy and the utilities sector.

In March of this year, Versent rolled Telstra Purple Cloud and Digital and Epicon into the wider Versent brand.

In 2024, Infosys announced a strategic multi-year collaboration with Telstra to accelerate its software engineering and IT transformation journey and enhance customer experience. 

Earlier this year in 2025, Infosys took over as strategic partner for Telstra International, the global arm of the company, to deploy an AI-first approach to modernise and streamline essential systems for the company.

Infosys CEO Salil Parekh said the company is excited to bring Infosys Topaz to enable transformative AI-first capabilities to complement Versent Group’s cloud-first digital foundation.

"Expanding our trusted collaboration with Telstra, with whom we share a valued relationship, unveils a new opportunity to further accelerate the innovation agenda for enterprises across the region," he said.

Telstra Enterprise group executive Oliver Camplin-Warner said the company is excited about what’s ahead as it deepens its strategic collaboration with Infosys.

"By combining the strengths of our three businesses, we’re creating a unique proposition that will help Australian enterprises grow and innovate in today’s fast-moving, AI-driven digital landscape," he said.

The transaction is expected to close during the second half of FY 2026, subject to regulatory approvals and customary closing conditions.