Infosys Ltd. (NYSE: INFY) divested its stake in a San Francisco-based firm, while Agile Zone LLC acquired a Cleveland-based IT services provider and Tokyo-based DTS Corp. acquired a stake in an IT staffing and services company.

Infosys

Infosys Ltd. (NYSE: INFY) divested its entire holding in Trifacta Inc., a data engineering software firm based in San Francisco, for $12.0 million. The deal was completed on Aug. 29.

Infosys had made a minority investment in Trifacta of $10.0 million between 2016 and 2019.

Agile Zone

Agile Zone LLC, a Ypsilanti, Michigan-based digital marketing, software development and staffing firm, acquired M Genio, a custom software development firm based in Cleveland. The deal, which closed Aug. 19, was announced by Generational Equity.

M Genio focuses on mobile solutions, cloud automation and the Internet of Things.

DTS Corp.

DTS Corp., an IT services firm based in Tokyo, Japan, is acquiring a 51% stake in Partners Information Technology Inc., an IT staffing and services company based in Anaheim, California. Partners operates under the brand name Calance and is led by CEO Amit Govil.

Calance was established in October 2011 as a wholly owned subsidiary of Calance Software Pvt. Ltd. Calance posted net sales of nearly $35 million in 2021.

DTS America previously had formed an alliance with Calance in 2017, and the companies had been working together to assist customers with ERP and SAP solutions.