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Infosys to buy Blue Acorn iCi for $125 mn

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Infosys has entered right into a definitive settlement to purchase Blue Acorn iCi — which affords digital buyer expertise, commerce and analytics — for $125 million (or ₹915 crore), in accordance to a BSE submitting.

With providers that embody technique, analytics, design and engineering, Blue Acorn iCi works with world manufacturers throughout media, retail, monetary providers, manufacturing and know-how. “The acquisition reaffirms our commitment to the Adobe ecosystem,” stated Infosys president Ravi Kumar S. The transaction is predicted to shut in the course of the third quarter of fiscal 2021.

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