For Quick Alerts
For Daily Alerts
Infosys planning on buying consulting cos
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.
OneIndia News
Comments
Story first published: Friday, September 11, 2009, 12:58 [IST]