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    Showing posts with label Infosys May Spend $500M on Europe Deal. Show all posts

    Infosys May Spend $500M on Europe Deal

    which sits on the largest cash pile among India’s computer-services providers, is prepared to spend as much as $500 million on a single acquisition in a European market. Infosys may make another attempt to acquire a company of that size after it walked away from a plan to buy U.K.-based Axon Group Plc for 407 million pounds ($645 million) in 2008, Chandrashekar Kakal, the company’s global head of business IT services, said in a telephone interview. “We do have cash, but we are looking for a company...

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