Infosys is stepping up its presence in Australia’s cloud and AI space with a $153 million move to buy 75% of Versent Group (Telstra’s cloud services arm). Once the deal closes, which is expected in the second half of fiscal 2026, Infosys will take the reins, while Telstra will retain a 25% minority stake.
Boosting AI-first digital transformation
Versent Group has cut its teeth helping enterprises design and implement cloud strategies, with a team of 650 engineers, advisors, and strategists spread across Australia. The company supports organizations across various sectors, including government, education, finance, energy, and utilities.
Infosys plans to combine Versent’s local expertise with its own AI and cloud capabilities, specifically its Topaz AI services, Cobalt cloud platform, and cybersecurity skills acquired through the acquisition of The Missing Link. The goal: deliver secure, end-to-end digital transformation for Australian enterprises and government agencies.
“We are excited to bring Infosys Topaz to enable transformative AI-first capabilities to complement Versent Group’s cloud-first digital foundation,” said Salil Parekh, CEO of Infosys.
A powerful partnership
This isn’t the first time Infosys and Telstra have teamed up. In recent years, they’ve worked together on software engineering, IT transformation, and other projects tied to Telstra’s Connected Future 30 strategy.
This new joining of forces builds on that relationship, adding Versent’s cloud engineering capabilities into the mix.
“[Infosys’] global scale, deep industry knowledge, and culture of innovation and service excellence will be instrumental in accelerating Versent Group’s growth and impact across the region,” said Vicki Brady, CEO of Telstra.
Oliver Camplin-Warner, group executive for Telstra Enterprise, echoed the sentiment: “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.”
Expanding reach
Anand Swaminathan, EVP and global head of communications, media & technology at Infosys, said the partnership will serve up cloud and AI solutions in the lands of kangaroos and kiwis.
“By combining Infosys’ global leadership in digital services with the strength and trust of the Telstra brand, we are uniquely positioned to deliver cloud and AI solutions that are secure, resilient, and built for the digital needs of Australia and New Zealand,” said Swaminathan. “This collaboration reflects our shared commitment in accelerating AI-led innovation, and enabling a more connected, intelligent, and digital future for the region.”
With this acquisition, Infosys is enhancing its local presence and positioning itself well to support businesses and public sector groups in accelerating their AI adoption. Doesn’t hurt to have the backing and expertise of a $19 billion global player, either.
AI was one of several dominant themes throughout ChannelCon in Nashville last month. One thread seemed to tie the panels, keynotes, and side conversations together: AI is disrupting more than just the technology landscape, and MSPs have reached an inflection point.