Infosys looks at French, German acquisition

By agencies   |   Friday, 01 September 2006, 19:30 IST
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BANGALORE: Infosys, IndiaÂ’s second largest IT services company today said it is looking at buying companies in France and Germany to expand its European presence. S. Gopalakrishnan, its Chief Operating Officer said that the company would focus on these markets to have a greater European presence. It is also looking at companies in other European countries. A majority of InfosysÂ’ revenues comes from the U.S. while Europe contributes to 26 percent revenues. Hence he said it is focusing more on European market to get more income.