Infogain Completes Acquisition of Blue Star Infotech’s IT Operations
By Business Wire News
By Business Wire News
LOS GATOS, Calif.
Infogain Corporation, a global business and IT consulting leader, today announced that it has successfully completed the acquisition of Blue Star Infotech’s IT operations following its entry into a definitive purchase agreement on September 29, 2015. Under the agreement, Infogain and Blue Star Infotech are combined under Infogain, and at closing, the combined entity will have close to 4,000 employees and nine delivery locations globally.
“We are dedicated to helping our clients make their interactions with their customers as effective and rewarding as possible by ensuring their mission-critical systems and technology are efficiently streamlined to deliver the next generation of technology solutions for the digital enterprise world,” says Kapil Nanda, President and Chief Executive Officer of Infogain. “The IT industry continues to evolve and our union with Blue Star Infotech strengthens our abilities to provide even greater value to clients and deliver top performing services.”
This combination increases Infogain’s value in digital transformation offerings, particularly expanding its capabilities to enter new verticals such as travel and hospitality, as well as enhancing its services portfolio to support current customers in retail, insurance, healthcare and high-tech verticals. Leveraging Blue Star Infotech’s IT operations in the areas of cloud, mobility, SAP and analytics, the acquisition will strengthen Infogain’s customer-facing solutions, processes and applications that lead to a more efficient and streamlined digital customer experience for enterprises. In addition, it enhances the leadership position of Infogain in the areas of end-to-end product engineering and test automation in the US, Europe, the Middle East, Asia Pacific and Indian markets.
Sunil Bhatia, Chief Executive Officer and Managing Director at Blue Star Infotech Ltd., will join Infogain’s management team as its CEO designate, and will assume responsibilities as CEO of the combined entity on July 1, 2016. At that time, Kapil Nanda will transition to his role as full-time Executive Chairman.
Infogain (www.infogain.com) provides front-end, customer-facing technologies, processes and applications that lead to a more efficient and streamlined customer experience for enterprises in the US, Europe, the Middle East, Asia Pacific and India. Offering solutions for the high-tech, retail and insurance verticals, Infogain specializes in areas such as software product engineering, digital service automation and mobility. A Gold level partner of Oracle (ORCL), Infogain has outstanding Oracle capabilities for point-of-sale systems, merchandising systems, CRM systems, knowledge management systems, ERP and next generation call center capabilities. The company’s customer retention rate of 90%+ over a five-year period is a testament to the ability of the team to identify clients’ specific needs and provide best-in-class solutions across a broad spectrum of service areas.
Cathy Chandhok, 408-355-6028