Infosys Scouting for Acquisitions: Insights from CEO Salil Parekh on 'In-Tech' Expansion

Sunday, 25 August 2024, 03:43

Infosys is scouting for acquisitions as CEO Salil Parekh announces plans for more 'in-tech' buys. Following two acquisitions this year, the company aims to expand its portfolio further by identifying firms that match its recent growth strategy. With a clear focus on acquisitions, Infosys is poised to enhance its market presence and adaptability in the IT sector.
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Infosys Scouting for Acquisitions: Insights from CEO Salil Parekh on 'In-Tech' Expansion

Infosys Scouting for Acquisitions

Infosys is actively scouting for acquisitions to strengthen its market position. After successfully completing two acquisitions this year, the focus is on finding firms that resonate with its 'in-tech' philosophy.

CEO Salil Parekh Outlines Future Plans

According to CEO Salil Parekh, the company's vision revolves around expanding its capabilities and portfolio through strategic acquisitions. This approach aims to bolster Infosys's adaptability and enhance its service offerings in the competitive IT landscape.

  • New acquisitions expected by the end of the fiscal year
  • Strategic alignment with technology shifts
  • Focus on scalable IT solutions

Potential Implications for the IT Sector

This maneuver may redefine the company's trajectory, particularly in a rapidly evolving technology environment. Analysts expect that Infosys' commitment to acquisitions will lead to more competitive offerings and improved client solutions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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