Infosys plans $500-700 mn acquisitions: Reports

The company also plans to expand its reach in the US business segment.

India’s second-largest IT services exporter Infosys is planning $500-700 million acquisitions, according to reports.

Report said that the company is focusing on certain business verticals.

The company also plans to expand its reach in the US business segment.

The company has a cash reserves of $5.5 bn as of December 2014