Persistent Systems Limited (BSE:533179) will look for acquisitions. Sandeep Kalra, Executive Director and Chief Executive Officer said, “as a strategy, we are absolutely looking to double down on Europe. And it's both from a geopolitical risk mitigation perspective, but also from an opportunity capture perspective. There's significant opportunities in Europe as well. As you know, we made a couple of acquisitions in Europe over the last few years. We have a small footprint, but a growing footprint if you look at this quarter's numbers as well. On that small footprint, we have grown decently well. We are adding to the leadership team in Europe. You will see some announcements over the next few months in that. We are also looking at acquisitions, which can give us an intersection of European presence and the technology capabilities or the vertical capabilities that we want. So you will see some things on those lines as well in the next few quarters. So absolutely, Europe is a focus area for us. And 3 to 4 years from now, when we looked at it, it should be 15% to 18% at least of our revenues, if not more”.