Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

M.10159 — Infosys/Daimler (Certain Assets and Personnel)

SECTION 1.2

Description of the concentration

Within the scope of an outsourcing transaction Infosys Limited intends to acquire from Daimler AG sole control within the meaning of Article 3 No 1 (b) of the Merger Regulation of certain IT assets, personnel, contracts and liabilities, which will be used by Infosys Limited to provide the outsourced IT services to Daimler AG and third parties. Infosys Limited, headquartered in Bangalore, India, is a multinational corporation, which provides digital services and consulting to clients across various industry segments, i.e. to clients from the areas of Financial Services, Retail, Communication, Manufacturing, High Tech, Life Sciences, Energy, Utilities, Resources, Services, etc. Infosys Limited is mainly acting by means of branches. Daimler AG, headquartered in Stuttgart, Germany, globally develops, manufactures and distributes automotive products, mainly passenger cars, trucks, vans and buses. The outsourced IT services concern data processing and related activities and other information service activities in the areas Network, Data Centre, SAP Basis, Workplace and Service Desk, and have so far been provided by the target assets. Personnel and IT assets in question are located in various countries worldwide, a major part however in Germany and other Member States of the European Union. From Daimler AG’s perspective, strategically the outsourcing is about focusing on software engineering, innovating its IT infrastructure, and creating a fully scalable, on-demand digital IT infrastructure and an anytime, anywhere workplace infrastructure. From Infosys Limited’s perspective, the transaction is intended to increase Infosys Limited’s local presence in growth markets in line with its endeavour to strengthen its workforce, especially in the European Union; to further enhance Infosys Limited’s capabilities and business in the manufacturing and automotive/mobility sector; and to grow business in other automotive/mobility or infrastructure engagement in respective geographies, especially in the European Union.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

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