India's Infosys pays US$350 million for Switzerland-based consultancy

Lodestone will add more than 850 staff and 200 clients across industries including manufacturing and the car sector to Infosys' clientbase of 700 companies, the Bangalore-based firm said in a statement.

The takeover will also help increase Infosys' presence outside its main market of the United States, giving it a larger footprint in continental Europe and emerging markets such as Latin America and Asia Pacific.

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