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Monday, Sep 10
2012, 9:22 AM
Infosys (INFY) is acquiring Lodestone Holding, a Swiss IT consulting firm containing over 750...
Infosys (INFY) is acquiring Lodestone Holding, a Swiss IT consulting firm containing over 750 consultants and 200 clients, for CHF330M ($348.9M). That's a little higher than the $300M price tag reported to be discussed in July. The Indian IT services giant, which recently said it wanted to expand its European presence, boasts its consulting business, which (like Lodestone) focuses on SAP implementations, will have over $1B/year revenue post-acquisition.