The acquisition, which includes a team of 260 people in Atlanta, Georgia, would help Infosys tap business from US insurance companies that have traditionally been reluctant to outsource work to countries such as India.

Infosys is looking to grow the business by offering so-called platform BPO services which use an underlying proprietary software to deliver services that help delink revenue from the number of people billed. McCamish owns three platforms it has built for its 39 customers. Six of them are common customers of Infosys, but do no business with the company’s back-office services arm.

McCamish Systems, which is not profitable earned revenue of $38.2 million in 2008. Infosys will pay $38 million in cash once the deal is concluded by December, and an additional $20 million based on business performance over three years.