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What Does Infosys Sale of Panaya, Skava Mean?

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As Infosys announced it was hiving off the three acquisitions made by ex-chief executive Vishal Sikka, does the move indicate a different strategy by the company, or is it that the Bengaluru-headquartered firm will trying to do away with the previous chief’s strategic investments?

“The decision to sell Panaya is interesting and reflects on the mindset of the new management under Salil’s leadership. A merger isn’t just about the technology that comes with it but the overall fitment in the broader scheme of things like cultural match which is the hardest task amongst all. We must give Salil the time to explain and more importantly justify his decision to sell Panaya and not necessarily read it as undoing what Vishal did,” said Sanchit Vir Gogia, CEO and chief analyst at Greyhound Research.

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Analyst:

Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, an award-winning global research & advisory firm. To read more about him, click here.


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