mumbai business process outsourcing solutions major datamatics technologies is planning to invest 5 to 10 million in canada either through acquisitions or by way of setting up subsidiaries and has appointed merchant bankers to scout for possible deals a presence in canada which has the best performing economy among the g7 nations will help in offering nearshore and offshore services and provide solutions to clients in the country dtl chairman l s kanodia told reporters here in presence of canadian minister for industry allan rock the company is planning to acquire two to four companies in canada depending on their business and revenue models in the next two years time he said dtl which has set up an office in toronto has already put merchant bankers including ernest young on the job he said adding the company would be interested in information technology services and information technologyenabled services firms the funding for the acquisition would be mainly through internal accruals and if needed dtl might also raise debt equity he said dtl is also planning to set up a dedicated offshore centre in canada as most of the companies from the us region emanate from the northeatern part of the country he said earlier on wednesday dtl had acquired usbased finance and accounting bpo services provider corpay solutions in an all cash deal even though the company did not divulge the acquisition price market sources had put at around 2930 million