Infosys bags Noah

$70 million transaction sees Houston-headquartered upstream information management boutique bought by Indian management consulting behemoth.

Bangalore, India headquartered Infosys Consulting is to acquire Houston-based Noah Consulting in an all-cash transaction valued at $70 million. Infosys claims ‘one of the largest oil and gas practices in the world’ with a reported 3,500 consultants. Noah was founded in 2008 by John Ruddy, Shannon Tassin and Stuart Nelson, a diaspora of consultants from HP’s Knightsbridge Solutions business. Today, Noah’s 120-plus team of consultants operate out of offices in Houston and Calgary, providing information management consulting services to the oil and gas industry.

Commenting on the addition of Noah’s upstream data management expertise to Infosys’s service offering, Infosys EVP Rajesh Murthy said, ‘The oil and gas industry is facing unprecedented challenges that require a well-defined and executed information and data strategy. This acquisition positions us to offer end-to-end data management services to oil and gas companies globally.’ Current plans are for Noah to operate as a wholly-owned subsidiary of Infosys Consulting through to the end of next year. More from Noah and Infosys.

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