Infosys pursuing 12-15 deals in $1-b range

Infosys Technologies is pursuing a number of deals worth about $1 billion, according to its Chief Executive Officer and Managing Director, Mr S. Gopalakrishnan.

“We are currently negotiating 12-15 deals and the pipeline continues to be strong,” he told newspersons on the sidelines of the ICT East 2009, organised by the Confederation of Indian Industry. However, the deals are unlikely to be clinched in the current fiscal, he said.

At present, about two per cent of the company’s business comes from India, 62 per cent from the US, 26 per cent from Europe, and 10 per cent from the rest of the world.

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