Infosys CEO Discusses Potential Acquisitions
Infosys CEO Discusses Potential Acquisitions
Infosys CEO Discusses Potential Acquisitions
News summary

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.

Story Coverage
Bias Distribution
100% Right
Information Sources
045e1b4c-3084-4df3-accf-c023e46a780b
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
24 days ago
Bias Distribution
100% Right

Open Story Timeline

Story timeline 1Story timeline 2Story timeline 3Story timeline 4Story timeline 5Story timeline 6Story timeline 7Story timeline 8Story timeline 9Story timeline 10Story timeline 11Story timeline 12Story timeline 13Story timeline 14

Analyze and predict the
development of events

Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News