Infosys, India's second largest software services exporter, has agreed
to acquire global management consultancy firm Lodestone for CHF (Swiss
francs) 330 million or $350 million. Lodestone is a key player in the
SAP domain and has in-depth experience of transformational change.
The acquisition will lead to addition of 200 clients in Europe.
Infosys held on to cash of $3.7 billion at the end of June. The company's CEO had earlier told NDTV Profit that the company has been preserving cash for potential acquisitions in the future.
The acquisition will lead to addition of 200 clients in Europe.
Infosys held on to cash of $3.7 billion at the end of June. The company's CEO had earlier told NDTV Profit that the company has been preserving cash for potential acquisitions in the future.
