The acquisition of the Britain-based SAP consulting firm Axon Group plc is part of IT major Infosys' strategy to protect its business from a slowdown in the US and expand its global footprint."The buyout is part of our two-fold strategy. In the short term, it will de-risk us from the impact of tech slowdown in the US market though it will continue to be a major revenue contributor," Infosys CEO Krish Gopalakrishnan told media.
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