Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:
Chennai, Software major Infosys Ltd on Thursday said it will acquire InSemi , a semiconductor design and embedded services provider, for Rs 280 crore.
In a regulatory filing, Infosys said the acquisition of Rs 153.6 crore revenue InSemi is expected to close during the fourth quarter of fiscal 2024, subject to customary closing conditions.
In a regulatory filing, Infosys said the acquisition of Rs 153.6 crore revenue InSemi is expected to close during the fourth quarter of fiscal 2024, subject to customary closing conditions.
“Consideration including earn-outs, and management incentives, and retention bonus totaling up to INR 280 crores subject to customary closing adjustments,” Infosys said.
The Bengaluru headquartered InSemi has a headcount of over 900 persons.
