The company has said that it plans to acquire three companies. Currently, the company is conducting due diligence to purchase a European firm in the auto engineering segment. According to Reuters, in the coming quarter the company will buy two more firms.
Recently, the company acquired Time To Market, a California-based design service provider. Reuters has quoted Mr Reddy as saying: Our acquisitions will be targeted around $20 million.
The company has also inaugurated a new 600-seater facility in Noida, India. The new facility will focus on developing software, IT-enabled services and mapping geographical bases business. As part of its expansion plans, the company is also looking at making a foray into tier-II Indian cities.
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