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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Libya's Gaddafi survives air strikes, son killed - government | 2:11am EDT Libyan leader's son Saif al-Arab killed in NATO strike 30 Apr 2011 Syrians protest from rooftops after army action | 30 Apr 2011 Escaped prisoner shoots four in Mass. rampage 30 Apr 2011 Sony to resume some PlayStation services; apologizes for breach 2:46am EDT Discussed 102 White House releases longer Obama birth certificate 85 Donald Trump calls U.S. leaders ”stupid” 50 Woman mauled to death by pit bulls in New Mexico Watched Fire ants form rafts to defy floods Tue, Apr 26 2011 Libyan leader's son Saif al-Arab killed in NATO strike 1:19am EDT Kate's wedding party evening gown Fri, Apr 29 2011 Infosys eyes buys in Europe, Japan, and healthcare sector Tweet Share this BANGALORE (Reuters) - Infosys Technologies Ltd, India's No. 2 software services exporter, is on the hunt for acquisitions in Europe and Japan and in industries including healthcare and public services, its chief executive said on Sunday. Speaking to... Email Print Related News Infosys eyes buys in Europe, Japan, and healthcare 2:07am EDT Analysis & Opinion India and Pakistan agree to expand trade, rewrite the rules Deals wrap: Facebook investors look for exits Related Topics Technology » Stocks BANGALORE | Sun May 1, 2011 2:07am EDT BANGALORE (Reuters) - Infosys Technologies Ltd, India's No. 2 software services exporter, is on the hunt for acquisitions in Europe and Japan and in industries including healthcare and public services, its chief executive said on Sunday. Speaking to Reuters a day after the company announced changes in its top-level management, S. Gopalakrishnan said Infosys was also seeking acquisitions in new areas like cloud computing. "Our philosophy has always been that you plan organic growth," said Gopalakrishnan, who is set to step down as chief executive and become co-chairman in August. "You keep your eyes and ears open, you have a dedicated team looking at acquisitions," he said. Infosys would make an acquisition when it found a target that was at the right price with the right strategic fit, he added. "We do not want to set a target for acquisition because we are not doing acquisition for growth. We are doing acquisitions for strategic fit and adding capability at this point of time," he said at the company's sprawling headquarters campus on the outskirts of Bangalore, India's IT hub. Gopalakrishnan said by investing in new industries and geographies, Infosys was looking to build multiple engines of growth over the next 3-5 years. "There are multiple strategic requirements for acquisition so those are the things we are looking at. Typically a smaller acquisition rather than a large one," he said. Infosys, which is also listed on Nasdaq, on Saturday announced top management changes linked to the retirement of its billionaire chairman and stuck to its practice of giving its founders a shot at running the firm. (Reporting by Bharghavi Nagaraju; Editing by Tony Munroe) Technology Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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