Friday, January 4, 2008
3i Infotech has been able to differentiate themselves from an normal midcap software company through these acquisitions. All them have been EPS accretive with about 10-15% net margins. Its help them to build a good spread of banking products for itself. Another thing is that they are very strongly present in the domestic market. There is a lot of strong growth expected in this space and more specifically in e-governance space in which they have already won couple of orders from the Government of Gujarat and Government of Harayana, so going forward I expect this also to drive growth for them."