Infosys’ $560 million bet on two US tech firms is its all-time highest M&A spend in a year | Company Business News

However, this pales before deals at industry #7, Coforge Ltd, which spent $2.39 billion to acquire US-based Encora, in an all-stock deal. Significantly, Accenture Plc, which is the world’s largest IT services firm, also increased its acquisition budget to $5 billion for the full year from the $3 billion earmarked a quarter before.