Infosys Limited (NSEI:INFY) is seeking M&A. Salil Parekh Chief Executive Officer said during the JPMorgan 49th Annual Global Technology, Media and Communications Conference, "So there, our focus on M&A has been very much on building out our digital capability. So we've done acquisitions with the ServiceNow ecosystem, Salesforce ecosystem, with the Adobe ecosystem and so on. So we've been quite focused in making sure we're building that out. We are also quite careful about the price we've paid for these acquisitions and also the cultural fit and the ability to integrate. So all of these factors are something we look at quite carefully, and we will continue to look at that as we go ahead as we make decisions. We want to be clear that we are able to integrate and deliver the value for our shareholders and for our clients. And so far, the ones being done, we have a fairly comprehensive internal approach to track it. We are seeing it above the value that we paid. So it's a positive for us in terms of value creation. And that will be the approach going ahead, which we'll continue to do acquisitions, but with all of these criteria being important as well".
Infosys Limited is an information services company, their end-to-end business solutions include:
- consulting and systems integration comprising consulting, enterprise solutions, systems integration and advanced technologies;
- business IT services comprising application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management;
- products, business platforms and solutions to accelerate intellectual property led innovation, including Finacle TM, our banking product, which offers solutions to address core banking, mobile banking and e-banking needs of retail, corporate and universal banks worldwide;
- newer areas such as cloud computing, enterprise mobility and sustainability.
Net sales break down by market between finance (29.8%), retail and logistics (14.5), telecommunications services (12.3%), manufacturing industry (12.9%), energy and utilities (12.6%), technology (8.1%), life sciences, health care and insurance (6.9%) and other (2.9%).
Net sales are distributed geographically as follows: India (2.6%), North America (61.8%), Europe (25.6%) and other (10%).