Source: Visit websiteIn an interview to PTI, Infosys CEO Salil Parekh said the company is keen on acquisitions in areas like data analytics, SAAS, and may look at some geographies within Europe, and the US.
Asked if more acquisitions could be of the scale matching in-tech, which came with a price-tag of 450 million euros, Parekh said, "Absolutely, I think those would be the size that we will look at in terms of scale, and given our structure we could do a few of those."
Back in January, Infosys announced a definitive agreement to acquire 100 per cent of the equity share capital in In Semi Technology Services, a semiconductor design services company headquartered in India, for a consideration (including earn-outs, and management incentives and retention bonuses) totalling up to ₹ 280 crore.
In April, Infosys Germany, a wholly-owned step-down subsidiary, entered into a definitive agreement to acquire 100 per cent of the equity share capital in in-tech Holding -- leading provider of engineering R⁘D services headquartered in Germany -- for a consideration of up to 450 million euros (about ₹ 4,045 crore).
Infosys is eyeing more acquisitions, he said, adding that the company is evaluating several firms.
Parekh, however, said a lot depends on strategic synergies, financial cost, cultural fit and integration aspects.
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