Infosys acquires Australian face
By Mumbai: | 18 Dec 2003
The Australian IT company has a base of 400 IT professionals on its roster and is a leading IT solutions supplier to the government, finance, telecom and retail sectors. Expert Information Services specialises in designing, building and integration of IT solutions and products. Its revenues in the financial year ended June 30, 2003, was US $ 34.6 million with an after tax net profit of US $ 5.2 million.
According
to an industry analyst, the deal is expected to enable
the Indian company to wear a local face while bidding
for Australian contracts and thus pre-empt any anti job
loss backlash.
