Infogain Corporation to Acquire Blue Star Infotech's IT Operations
On September 29, 2015, global business and IT consulting leader Infogain Corporation and digital transformation consulting and services company Blue Star Infotech announced that they have entered definitive agreements under which Infogain will acquire Blue Star Infotech's IT operations. Wilson Sonsini Goodrich & Rosati is serving as legal counsel to Infogain Corporation in the transaction.
The acquisition will expand Infogain's digital transformation offerings, particularly in the areas of cloud, mobility, SAP and analytics, and add specialized capabilities in the travel/hospitality, high-tech, and healthcare verticals. In addition, the acquisition will strengthen the leadership position of Infogain in the areas of product engineering and test automation. The combined entity will have revenue of more than $150 million, nearly 4,000 employees, and eight delivery locations globally.
Blue Star Infotech's board of directors has approved the acquisition, which is expected to close in late 2015, subject to Blue Star Infotech shareholder approval, regulatory approvals, and other customary closing conditions.
For more information, please see the press release announcing the acquisition.