Categories: Agreements

Infosys acquires product design firm Kaleidoscope Innovation

Infosys has announced that it would acquire product design and development firm, Kaleidoscope Innovation for up to $42 million. Kaleidoscope is a US-based firm and would bring to Infosys a diverse talent pool with extensive knowledge of design and engineering.

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The Kaleidoscope Innovation provides design and development across medical, consumer and industrial markets for making smart products. Kaleidoscope designs microsurgical instruments, used in invasive surgery, drug delivery devices for ophthalmic therapies and user-centric wearables.

Important takeaways for all competitive exams:

- Infosys CEO: Salil Parekh.
- Infosys Headquarters: Bengaluru, Karnataka.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.