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New Deal


Announced

Completed

Infogain completed the acquisition of Absolutdata.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Friendly

United States

advanced analytics

Software

Completed

AI solutions

data science

Acquisition

Private

Domestic

Synopsis

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Infogain, a provider of a human-centered digital platform and software engineering services, completed the acquisition of Absolutdata, a provider of AI-powered solutions, advanced analytics and data science services. Financial terms were not disclosed. "I, along with my co-founders, Sudeshna Datta and Suhale Kapoor, are incredibly excited to join the Infogain team, which shares our drive to create value through innovation. This acquisition opens up career growth possibilities for our employees and being part of a larger company with an expanded skillset will enable us to deliver innovative, end-to-end solutions to both companies' clients as a unified team," Anil Kaul, Absolutdata CEO and Co-Founder.

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