The country's second-largest software exporter Infosys is on the lookout for acquisitions in the products and platforms space, a top official said on Wednesday."We are in multiple conversations both large and small. Acquisition is extremely strategic and we are looking at acquisitions to augment that strategic direction," Infosys CEO and MD S D Shibulal said.
In this regard, an acquisition in the product and platform space, investment areas like life sciences and public service or for country penetration would make perfect sense, he added.
Asked by when the company could make an announcement, Shibulal said though the company was in dialogue with a few companies, "There is nothing to report which is materially definite."
There has been speculation that Infosys is at an advanced stage of talks to buy a US firm operating in the public services and healthcare space and has revenues of over $300 million for $450-500