Infosys is now all set to acquire Blue Acorn iCi for $125 mn

Infosys will now going to acquire Blue Acorn iCi, which offers digital customer experience, analytics, and commerce solutions.

The acquisition is valued at $125 million. The acquisition of the Blue Acorn iCi is expected to close during the third quarter of the financial year 2020-21, with respect to customary closing conditions.

Ravi Kumar S, President, Infosys, said, "We are focused on partnering with global brands and CMOs to help them navigate their digital experience and commerce challenges. 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. We are excited to welcome Blue Acorn iCi and its leadership team into the Infosys family."

Chris Guerra, Co-CEO of Blue Acorn iCi, said, "By becoming a part of the Infosys family, Blue Acorn iCi will be able to better serve our clients and their customers as we elevate our scale, technical acumen, global reach, creative capabilities & consumer insight expertise. Together, we will be able to offer unrivaled services and insights to help companies become the new leaders of digital experience & commerce."

Infosys earlier acquired the Wongdoody, which offers marketing and creative services. Blue Acorn iCi brings complementary capabilities to help global CMOs and businesses thrive in a digital commerce world.

The acquisition will help Infosys capabilities in Magento, Adobe, Salesforce, and Shopify platform.

Blue Acorn iCi has a long track record for offering its services to Fortune 500 brands. It is among the first Adobe Premium Partners with Magento and AEM specialists.