Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Infosys Scouting For Acquisitions In Product Space

Infosys Technologies has reportedly said that it is scouting for acquisitions to grow its products and platform business.

Infosys CEO and MD S D Shibulal said that they are looking at building IP assets themselves and will also partner with their clients to co-create (assets).

Reports said that IT company is expecting 33% of its revenues to come from products and platforms in the next 5-7 years.

Infosys