Indian technology services provider Infosys (NSE:INFY, BOM:500209) has entered into a strategic deal with Lufthansa Group and its IT subsidiary, Lufthansa Systems GmbH, to accelerate digital transformation in the aviation industry, according to a Tuesday filing to the Indian stock exchanges.
As part of the long-term partnership, the companies will establish a dedicated global capability center in Bengaluru, India.
The new center is aimed to help boost Lufthansa Group's software and product development as well as increase support for Lufthansa Systems products for the external airline market customers.
Shares of the company were down over 1% in recent trade.