Mid-tier IT services company Mindtree is looking at acquiring companies with revenues of $50 million to $100 million, which will enhance its digital capabilities.
“If we see a strategic fit in areas that enhance our digital capabilities, we are absolutely open for acquisition — and that is one of our strategic priorities as well,” Mindtree Executive Director and President, Global Markets, Venu Lambu, told BusinessLine .
Lambu said the boundaries between what is digital and non-digital are getting blurred. That said, if you look at the company’s composition of data, cloud and customer success, digital is a significant part of its revenue — in fact more than 50 per cent is all about digital.