Ravi Kumar, President, Infosys, said, “This acquisition further strengthens our digital offerings at the intersection of new software technologies and medical devices - a sector that is expected to witness significant investments and consumerization in the post-COVID era. Our clients will benefit from the combination of Kaleidoscope Innovation’s strong upstream offerings of product innovation and design, and Infosys’ stack of product engineering, validation and commercialisation services at a global scale. We are excited to welcome Kaleidoscope Innovation and its leadership team into the Infosys family, as part of Infosys Engineering Services portfolio.”

Matt Kornau, CEO & Co-Founder, Kaleidoscope Innovation said, “We are enthusiastic about our exciting new partnership with Infosys. It allows us to scale quickly and bring expanded offerings in AI, Analytics, and Digital Infrastructures to our clients. Kaleidoscope Innovation has always valued the ability to enhance people’s lives and their outcomes through innovation. We feel Infosys shares the same values and this relationship will open new avenues for our client partners and our staff to pursue larger opportunities together. We will remain dedicated to serving our client partners, large and small, as we continue to march towards our mission. In addition, we would want to take a moment to acknowledge Spark Capital. Spark Capital took the time to understand our culture, business, and growth initiatives and found a partner in Infosys that will create the synergies for accelerated growth. Spark Capital made the investment in understanding our values and aligning us with someone who shared the same thinking from a cultural, business, and growth perspective. We appreciate the team’s attentiveness, work ethic, and desire to create an outcome that would allow Kaleidoscope Innovation and its team to enhance people’s outcomes through innovative solutions.”

Bill Taylor, Co-Founder, Kaleidoscope Innovation added “Infosys provides an exciting platform for us to extend our relationship with our Business Partners to address the productization of solutions they have been asking us to deliver. Having the technical prowess and bandwidth to offer solutions that address manufacturability and lifecycle management will benefit all parties. We can now offer them the scale needed for both front end-innovation and back-end implementation and sustainability”

Vijay Radhakrishnan, Director & Practice Head – Technology & Business Services, Spark Capital said “We are delighted to have identified a worthy partner in Infosys for our client and delivering this transaction for Kaleidoscope Innovation. This brings together two players with complementary expertise across the PDD spectrum in the Healthcare, Medical & Consumer technology domains. The combination offers a strong cultural fitment, significant synergies and symbiotic benefits that broaden the offerings stack for the customer and results in a global, market-leading technology solutions franchise across the value-chain of PDD.”