Infosys to acquire Houston-based energy consulting firm MRE Consulting for $36 million

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.

India's second-largest IT company, Infosys, on Thursday announced that it will acquire  Houston-based energy consulting firm, MRE Consulting, which is a technology and business consulting service provider.

"MRE Consulting, which is headquartered in Houston, Texas, 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," a press statement said."These frameworks serve as the foundation for commodity trading projects, accelerating vendor selection, solution design, and implementation," the statement further said.

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.

Additionally, Infosys will acquire Australian cybersecurity services specialist firm The Missing Link with capabilities across the full stack of cyber solutions for AUD 98 million.

The Missing Link brings to Infosys a group of highly skilled cybersecurity professionals and a state-of-the-art Global Security Operations Centre (GSOC), adding to the network of Infosys’ global cyber defense centers.

The Missing Link solutions help protect networks, secure assets, and equip staff with the tools to mitigate cyberattacks.

Meanwhile, Infosys reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter.

It had posted a profit (attributable to owners of the company) of Rs 7,969 crore in the year-ago period.

The company has exceeded its guidance for the full fiscal year. Infosys had raised the 2024-25 fiscal year revenue guidance to 4.5-5 per cent, up from 3.75-4.50 percent.