Bengaluru, India and Houston (OTE) - Acquisition to strengthen energy
and commodity trading and risk
management (E/CTRM) capabilities for Infosys
Infosys (NSE, BSE, NYSE: INFY) a global leader in next-generation
digital services and consulting, today announced a definitive
agreement to acquire MRE Consulting Ltd . ('MRE Consulting'), a
technology and business consulting service provider. This strategic
investment brings newer capabilities for Infosys in trading and risk
management, especially in the energy sector.
Headquartered in Houston, Texas, MRE Consulting will bring a team
of over 200 professionals with industry knowledge, consulting and
deep technology experience in Energy/Commodity Trading and Risk
Management (E/CTRM) platforms and ecosystems. Through decades of
successful delivery, MRE Consulting has developed proprietary E/CTRM
business process frameworks spanning multiple commodities,
transportation modes and business models. These frameworks serve as
the foundation for commodity trading projects, accelerating vendor
selection, solution design and implementation. MRE brings new
clients, and synergies with new buying centers.
Ashiss Kumar Dash, EVP & Global Head – Services, Utilities,
Resources, Energy, and Sustainability, Infosys, said, "The world is
now shifting towards a more sustainable future. With increasing
complexity in integrating diverse sources of energy including
renewables, global corporations require innovative solutions to
navigate transformation. At Infosys, we are witnessing a significant
rise in demand for digital transformation in energy and commodity
trading and risk management (E/CTRM). By combining MRE Consulting's
deep E/CTRM capabilities with Infosys' established leadership in the
energy, resources and utilities sector, we are further enhancing our
ability to drive value for our clients in this critical area of their
business. We are excited to welcome MRE Consulting and its leadership
team to the Infosys family."
MRE Founders, Mike Short, Dru Neikirk and Shane Merz , said, "The
opportunities for our clients at the intersection of data, AI, and
technology are vast. Beyond strong business synergy, we were seeking
a partner who shared our values and mutual respect. By joining with
Infosys, we will extend our expertise, deliver new capabilities, and
expand beyond our current markets, while scaling what makes MRE
special. We are truly excited about this new journey."
The acquisition is expected to close during the first quarter of
fiscal year 2026 (i.e. quarter ending June 30, 2025), subject to
customary closing conditions.
About MRE Consulting
Founded in 1994, MRE Consulting provides technology and business
consulting services to the Energy & Utilities, Services, and
Healthcare industries. MRE specializes in business advisory and
digital transformation for Energy/Commodity Trading and Risk
Management (E/CTRM). MRE also provides comprehensive solutions across
customer engagement, call center optimization, field service,
CPQ/pricing, cloud infrastructure and digital workplace and is a
Salesforce and Microsoft partner. We are proud to be recognized as a
Houston Business Journal Best Places to Work. For more information,
please visit www.mre-consulting.com/.
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses and
communities. We enable clients in more than 56 countries to navigate
their digital transformation. With over four decades of experience in
managing the systems and workings of global enterprises, we expertly
steer clients, as they navigate their digital transformation powered
by cloud and AI. We enable them with an AI-first core, empower the
business with agile digital at scale and drive continuous improvement
with always-on learning through the transfer of digital skills,
expertise, and ideas from our innovation ecosystem. We are deeply
committed to being a well-governed, environmentally sustainable
organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY)
can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, or our future financial or operating performance, are
forward-looking statements intended to qualify for the 'safe harbor'
under the Private Securities Litigation Reform Act of 1995, which
involve a number of risks and uncertainties that could cause actual
results or outcomes to differ materially from those in such forward-
looking statements. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties
regarding the execution of our business strategy, increased
competition for talent, our ability to attract and retain personnel,
increase in wages, investments to reskill our employees, our ability
to effectively implement a hybrid work model, economic uncertainties
and geo-political situations, technologicassl disruptions and
innovations such as Generative AI, the complex and evolving
regulatory landscape including immigration regulation changes, our
ESG vision, our capital allocation policy and expectations concerning
our market position, future operations, margins, profitability,
liquidity, capital resources, our corporate actions including
acquisitions, and cybersecurity matters. Important factors that may
cause actual results or outcomes to differ from those implied by the
forward-looking statements are discussed in more detail in our US
Securities and Exchange Commission filings including our Annual
Report on Form 20-F for the fiscal year ended March 31, 2024. These
filings are available at www.sec.gov . Infosys may, from time to
time, make additional written and oral forward-looking statements,
including statements contained in the Company's filings with the
Securities and Exchange Commission and our reports to shareholders.
The Company does not undertake to update any forward-looking
statements that may be made from time to time by or on behalf of the
Company unless it is required by law.
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releases/infosys-to-acquire-leading-energy-consulting-company-mre-
consulting-302431552.html
Digital press kit: http://www.ots.at/pressemappe/PR38775/aom
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