Infosys’ $560 million bet on two US tech firms is its all-time highest M&A spend in a year
Infosys late Wednesday said it had bought two US tech firms for $560 million, marking a record high for its fiscal year. The cash deals, expected to close by June, are expected to add $319 million in incremental revenue. Read below how the buyouts help Infosys in healthcare and insurance sectors.
Infosys late Wednesday said it had bought two US tech firms for $560 million, marking a record high for its fiscal year. The cash deals, expected to close by June, are expected to add $319 million in incremental revenue. Read below how the buyouts help Infosys in healthcare and insurance sectors.
What's Your Reaction?
Economist Admin
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
