Infosys (INFY) is ready to spend up to $500M on a single acquisition in a European market, says...

|About: Infosys Limited, Inc. (INFY)|By:, SA News Editor

Infosys (INFY) is ready to spend up to $500M on a single acquisition in a European market, says exec Chandrashekar Kakal, as the company is sitting on a war chest of over $4B. Friday's weak FQ4 report, which sent shares down 13%, is no doubt weighing on management's mind as well.