DLA Piper advises India's second largest IT services firm Infosys on the acquisition of Fluido

news
26 Sep 2018
Category
Cases

DLA Piper has advised Infosys, a global leader in consulting, technology and next-generation services, on the acquisition of Finland-based Fluido Oy (“Fluido”), one of the largest Salesforce (software company) consulting partners in Europe. This acquisition strengthens Infosys’ position as a leading Salesforce enterprise cloud services provider, and enhances its ability to provide clients an unparalleled cloud-first transformation.

Fluido is majority-owned by its management team and CapMan private equity, with Salesforce Ventures having a minority stake. Infosys will incorporate Fluido's globally recognised Salesforce expertise into its business, along with its world-class agile delivery process. With Fluido located in offices in Finland, Denmark, Sweden, Norway and Slovakia, this acquisition boosts Infosys’ presence across the Nordics.

The DLA Piper team was led by Helsinki-based Corporate partner Petri Morelius. The team also comprised Employment partner Antti Rajamäki, Employment counsel Riikka Autio, senior associate Josefin Strömberg and associates Ida-Sofia Antinluoma, Joonas Dammert, Vilma Nuutinen, Elisa Panula and Eero Puranen. The team in Stockholm comprised Corporate partner Mathias Berggren and senior associates Magnus Oskarsson and Jessica Lorne. The team in Oslo comprised Corporate partner Sveinung Mjaugedal, Employment lead lawyer, Kaja Kaarby, and associates Anne-Linn Forbord, Intellectual Property & Technology, Ole Muggerud, and Trym Bjørndal, both Corporate. Aarhus-based Corporate partner Martin Kruhl, Finance, Projects & Restructuring associate, Karina Kristensen, and Bratislava-based Country Managing Partner in Slovakia, Michaela Stessl, also advised on the transaction.