Infosys, India’s second-largest IT services company, is actively exploring further acquisitions following its recent purchase of in-tech Holding for 450 million euros. CEO Salil Parekh revealed that the company is particularly interested in firms operating in data analytics, Software as a Service (SAAS), and engineering R&D services, with potential targets in Europe and the US. Infosys has a solid balance sheet and consistent cash generation, which positions it well to integrate new acquisitions. Previous acquisitions include InSemi Technology Services and in-tech Holding, highlighting Infosys’s strategic expansion in engineering services and semiconductor design.
IT Services, Engineering Services, Semiconductor Design,India, Germany, United States
https://mergersacquisitions.einnews.com/article/738135166/n3FFre4A6bGsm_sj?ref=rss&ecode=Q1vNcweEggLWKz7L