Infosys strengthens O&G presence with Noah acquisition

MUMBAI, INDIA: Infosys has completed the acquisition of Noah Consulting, a provider of advanced information management consulting services for the oil and gas industry.

Last month, the Bengaluru-based firm had announced the acquisition of Noah Consulting for Rs 453.5 crore) in an all-cash deal.

"The acquisition will position Infosys to offer end-to-end data management services to oil and gas companies globally. Noah's deep industry knowledge, information strategy planning, data governance and architecture capabilities combined with Infosys' ability to provide technology and outsourcing services will offer clients in the oil and gas industry next-generation data analytics solutions,” Infosys said in a statement.

Founded in 2008, Texas-headquartered Noah helps companies plan, architect and deploy information solutions to unlock the value of their oil and gas assets. It has 122 employees and two offices in Houston and Calgary as well as projects in other global markets, according to the company website.