Infosys announces its strategic coupling with Allied Irish Banks, p.l.c. (AIB), a financial services group operating predominantly in the Republic of Ireland and the UK. Infosys to deluge $10million expanding its vicinity in Dublin.
It will plant a 200-seat facility to house the staff who will be transferring from AIB as well with additional staff likely to be appointed according to the agreement.
This ally with AIB is a lucrative step for Infosys to encompass its services into a new market. Infosys intends to set aside $10 million from its Global Innovation Fund for Ireland-based start-ups.
Earlier this year, Infosys announced the US$500 million Innovation Fund earmarked for investments in the growth of innovative new technologies. Infosys is keen to continue sharing its expertise to assist start-ups that are developing and enabling these technologies.