Infosys Plays Down Competition

Posted: 2004-04-16 00:00:00+05:30 IST
Updated: Apr 16, 2004 at 0000 hrs IST

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New Delhi: Australia called Expert Information Services, is also looking at acquisition route to expand in these regions.
“We will continue to grow organically and inorganically. We are open to acquisitions and will look at geographical expansion once we find a suitable company in these regions,” Infosys chief executive officer, managing director and president Nandan Nilekani told eFE. He added, there are several locations in Europe and Asia Pacific that are still untapped.
The company is also planning to strengthen its intellectual property rights (IPR) offering.
“We are looking at creating intellectual property within software,” he said. The two key drivers for Infosys future acquisitions will be the need for additional specialised skills and expansion in new geographies.
Further, Infosys is looking at increasing the headcount across all its operations by 8,000 to 10,000 people in this fiscal. The company is also looking at ramping up its centres in Hyderabad, Bangalore, Pune, Chennai and Mangalore. “Most of the new...