Infosys Pads SAP Consulting Business

SAN FRANCISCO -- A move by Infosys(INFY Quote) has merged two prominent integrators of SAP(SAP Quote) software.

Bangalore-based Infosys announced Monday it will buy U.K.-based Axon Group for 407.1 million pounds, or $753.1 million in cash. The deal is expected to close in November.

American Depositary Shares of Infosys were down $1.37, or 3.3%, to $40.19 in recent trading.

Axon, which has been growing lately by acquisition of small U.S.-based consulting firms, adds an estimated 2,000 employees to Infosys's SAP consulting practice. ...