Infosys planning on buying consulting cos

Written by: Super Admin
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New York, Sep 11: In an attempt to attract more clients, Infosys is reportedly considering buying consulting companies for as much as 200 million dollars.

Speaking at an interview in New York, Chief Financial Officer V Balakrishnan revealed that Infosys may also buy similar-sized businesses that process transactions, or information technology companies.

Declining to name any potential targets, Mr Balakrishnan said, "Acquisitions are a lot like love. We"re not in love. We haven"t even started dating anybody."

He, however, said that the company is looking at US and Europe markets for purchases.

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