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Bangalore: Infosys Technologies Ltd is focused on small acquisitions to boost growth and does not expect pricing to improve in the near term. However, pricing will likely remain stable until demand increases, said chief financial officer V Balakrishnan, at the Reuters India Investment Summit in Bangalore.
Infosys may look at buying companies in the consulting, back office, healthcare and utilities segments, Balakrishnan said. "We look at small, niche acquisitions which will help us to penetrate certain geographies much faster, grow certain verticals much faster, grow certain services much faster," he said.
Infosys, which is targeting companies with revenue of about $400 million to $500 million, may acquire firms in Germany and France to expand its presence in Europe, he said.
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