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

BENGALURU: Infosys, an IT services major, said it will acquire Blue Acorn iCi, an Adobe Platinum partner in the US, and a provider in digital customer experience, commerce and analytics for up to $125 million.

Infosys said the move further strengthens the company’s end-to-end customer experience offerings. It added that Blue Acorn iCi 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, according to Infosys.


“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.

Infosys said that together with its earlier acquisition of WONGDOODY that offers creative and marketing services, BlueAcorn iCi brings complementary capabilities to help global CMOs and businesses in a digital commerce world. It added that this acquisition further deepens Infosys’ capabilities in the Adobe, Magento, Salesforce Commerce, and Shopify ecosystems.

Investment Bank CG Petsky Prunier, part of Canaccord Genuity, advised Blue Acorn ICI on the transaction. The acquisition is expected to close during the third quarter of fiscal 2021, subject to customary closing conditions.