Brief: Infosys Says Liberty Global And Co Expand Strategic Collaboration To Bring AI-Powered Digital Entertainment

Liberty Global

15/08/2023 09:37

Aug 15 (Reuters) - Infosys Ltd  INFY.NS :
    * INFOSYS LTD - LIBERTY GLOBAL AND CO EXPAND STRATEGIC
COLLABORATION TO BRING AI-POWERED DIGITAL ENTERTAINMENT
    * INFOSYS LTD - PARTIES HAVE ENTERED INTO INITIAL 5-YEAR
AGREEMENT, WITH OPTION TO EXTEND TO 8 YEARS AND BEYOND
    * INFOSYS LTD - CO WILL PROVIDE SERVICES TO LIBERTY GLOBAL
ESTIMATED AT 1.5 BILLION EUROS OVER INITIAL 5-YEAR TERM
    * INFOSYS LTD - WILL PROVIDE SERVICES ESTIMATED AT 2.3
BILLION
EUROS TO LIBERTY GLOBAL IF CONTRACT EXTENDED TO 8 YRS
    * INFOSYS LTD - COLLABORATION ALLOWS LIBERTY GLOBAL TO
REALIZE
RUN-RATE SAVINGS IN EXCESS OF 100 MILLION EUROS PER ANNUM

Source text for Eikon:  ID:nBSE2dGWhP 
Further company coverage:  INFY.NS 

 ((reuters.briefs@thomsonreuters.com;))