Infosys looking to make acquisitions as well

Economic Times: It seems like all the major Indian IT firms are looking to make small to medium acquisitions. Wipro Ltd. (NYSE: WIT) and Patni Computer Systems (NYSE: PTI) have both come out and said that they are looking to make acquisitions. Now, Infosys Ltd. (NASDAQ: INFY) wants to join the shopping spree. Infosys is targeting companies with revenues from $50-100 million.

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