Europe emerges as hotspot for Indian IT M&As, tops buy chart

Indian outsourcing leaders are increasingly acquiring companies in Europe, where the pace of revenue expansion has lately dwarfed growth rates the other side Atlantic seaboard to justify about a dozen M&As in the continent since the pandemic.

While last week’s acquisition announcement of in-tech by Infosys is tipped to be the largest in the latter’s history, even Capco’s acquisition by Wipro in 2021 is the largest ever acquisition made by the company.