S 'Kris' Gopalakrishnan became Infosys Technologies Ltd's new chief executive officer this year. Bangalore-based Infosys is arguably one of India's most admired companies and the country's second largest IT company, with revenues exceeding $3.5 billion.
On June 22, Kris took over as CEO and managing director from Nandan M Nilekani, another co-founder of the company.
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Infosys, under Gopalakrishnan's leadership, is now looking at buyout targets -- in consultancy, products, package implementation and the BPO sector -- in Japan, Australia, Europe and the United States. The preferred merger and acquisition size will be between $300 million to $500 million.
The Infosys CEO said recently that the company is carefully choosing its target companies from the strategic point of view besides the ability to retain employees. Infosys has bagged some major deals in China and other nations during the last three months, giving a clear indication that Gopalakrishnan wants to rebalance the company's revenue contributions in favour of non-US geographies.
Post restructuring, the clear focus of the Infosys management is on emerging markets; that is where M&A activity will take place.
Photograph: Indranil Mukherjee/AFP/Getty Images
Also read:Kris Gopalakrishnan on Infosys's future
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