Infosys may look to make acquisitive growth in Nordic countries
Infosys, an Indian multinational IT services company, may look at acquiring companies based in Nordic countries, the Economic Times reported. BG Srinivas, Infosys' president, was cited.
As per the report, Infosys earns USD 2bn in revenues from Europe and is keen on further growth in the Nordic region which entails Norway, Sweden, Iceland, Finland and Denmark. According to Srinivas' comments cited by the paper, the company's next acquisition may be similar to its prior purchase in 2012 of Zurich-based Lodestone for USD 350m.
Source The Economic Times