Infosys eyes more acquisitions

Infosys is getting slightly higher prices from new customers and expects to maintain short-term margins despite higher wages.

India's second-largest software services exporter, Infosys, is getting slightly higher prices from new customers and expects to maintain short-term margins despite higher wages, its chief financial officer said.

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Nasdaq-listed Infosys Technologies Ltd is also looking to acquire companies with an annual revenue of $100-200 million, V Balakrishnan told Reuters in an interview on Friday.

He said European business contributed about 25 per cent of Infosys's revenue and was growing faster than in the United States.