Infosys BPO to acquire U.S.-based McCamish Systems

MUMBAI Nov 12 (Reuters) - Infosys Technologies' (INFY.BO) business process outsourcing arm said on Thursday it had signed a deal to acquire U.S.- based McCamish Systems for an upfront payment of $38 million, and an additional $20 million based on targets.

Th BPO arm of India's second-largest software services firm said the acquisition was expected to be completed later this year. (Reporting by Ami Shah; Editing by Ranjit Gangadharan)