Hexaware keen on US/ Europe acquisition

Hexaware Technologies Ltd plans to buy an Information Technology company in Europe or the US for $20-$40 million (Rs 90-180 crore), according to its Executive Chairman, Mr Atul Nishar.

"We did a recent acquisition in the US, and would preferably like to do the next one in Europe," he told newspersons on the sidelines of a seminar.

Hexaware is looking at a company in the US or Europe with expertise in SAP or Oracle, and present in BFSI (banking, financial services and insurance) and transportation domains, he said.

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