Infosys BPO Ltd., the business process outsourcing unit of Infosys Technologies Ltd. (500209.BY), is looking to buy companies worth $50 million-$200 million in the U.S. and Europe, its chief executive said Friday.

“We are looking for acquisitions, which are platform-based or allow us strengthen a domain, or something that gives us scale,” Amitabh Chaudhry said on the sidelines of a press conference.

Infosys BPO expects $340 million of revenue in the current fiscal year, Chaudhry said

Earlier Friday Infosys Technologies reported a net profit of $313 million on revenue of $1.12 billion for the April-June period. Infosys BPO’s revenue for the quarter was $68.47 million with a net profit of $12.34 million. Source

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