New York: Infosys Technologies Ltd, India’s second largest software exporter, said it is on the hunt for acquisitions and that prices for its services have stabilized amid a global economic recovery.

“We see stable pricing and it will continue for the next one or two years, unless there is another dip," chief executive officer S. Gopalakrishnan told reporters on Wednesday in New York.

Infosys is looking at acquisitions of around $400 -500 million (Rs1,868-2,335 crore) to speed up entry into new industries in Europe and the US, Gopalakrishnan said.