Tuesday, August 26, 2008

nfosys completes another acquisition ..

Surpassing Wipro, Infosys yesterday finalised the details of acquiring Axon, a UK based SAP consultant services company having reputed clients like GE, BP etc for 6 pounds a share, in a Rs 3300 crore deal ($ 753m) deal. This is the largest foreign IT company acquisition in Indian history.

Infy with this deal has got consolidation in the SAP service area and we can expect Infy to play an important role in the IT scene in the country.


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