Infosys buys UK’s Axon for $753 million

Infosys Technologies said on Monday it had agreed to buy British consultancy Axon Group Plc for £407m (US$753m) as India’s second-biggest software services exporter looks for growth beyond an uncertain U.S. market. The cash deal values Axon at £6 per share, a 19.4 per cent premium over Friday’s close of £5.025 and 33 per cent…