Infosys is said to acquire Blue Acorn iCi for up to USD 125 million

Infosys which is an IT services major has said that it would acquire Adobe Platinum partner in the US - Blue Acorn iCi - for up to USD 125 million. Blue Acorn iCi is also a provider in digital customer experience, commerce and analytics.  

Infosys also said that this acquisition would further strengthen the company’s end-to-end customer experience offerings and  will bring significant cross-technology capabilities through the convergence of customer experience, digital commerce, analytics, and experience-driven commerce services.

With services that include strategy, analytics, design, and engineering, Blue Acorn iCi elevates marquee global brands across industries from Media, Consumer Goods & Retail, to Financial Services, Manufacturing, and Technology,

“The Blue Acorn iCi acquisition is another important milestone in Infosys’ journey to build capabilities relevant to the digital priorities of our clients and reaffirms our commitment to the Adobe ecosystem,” said Ravi Kumar S, President, Infosys.

As subjected to customary closing conditions, the acquisition is expected to close during the third quarter of fiscal 2021. While on the same, investment Bank CG Petsky Prunier, part of Canaccord Genuity, advised Blue Acorn ICI on the transaction.