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Infosys Technologies is reportedly eyeing a larger share of the growing middle-east market in addition to focussing on Indian companies for growth, published media reports said quoting senior company officials.
The company believes there is scope for increasing sales in the West Asian markets, its chief executive officer Krish Gopakakrishnan told reporters in Chennai yesterday.
Infosys has announced plans to acquired British company Axon which operates in the business advisory segment for companies that runs SAP software. The company hopes to expand its revenues from non-US markets with this acquisition.
India's second largest software maker had admitted last month to slower profit growth during the first quarter of the current financial year due to delayed orders from the American markets. North American clients account for more than 60 per cent of Infosys' sales, with Europe accounting for 27 per cent, India at 1.3 per cent and the rest of the world at 8.8 per cent.
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