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- Last Updated
- 25 days ago
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Infosys CEO Salil Parekh announced the company's intention to pursue more acquisitions, particularly in data analytics and SaaS, after recently acquiring InSemi Technology Services and in-tech Holding for a total of up to 450 million euros. Parekh indicated that future acquisitions could match the scale of recent deals, emphasizing the company's robust financial position and successful integration of past acquisitions. He mentioned that Infosys is evaluating multiple potential firms for acquisition across various geographies, including Europe and the US. The company's focus remains on strategic, financial, and cultural fit during the acquisition process. Parekh expressed confidence in expanding Infosys's footprint in the engineering services sector, which has already seen significant growth through recent acquisitions.
- Total News Sources
- 1
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- 1
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- Last Updated
- 25 days ago
- Bias Distribution
- 100% Right
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