ChrysCapital-backed Infogain acquires AI firm Absolutdata

Software engineering services Infogain today said it has acquired Absolutdata, a San Francisco based artificial intelligence and advanced analytics company. This is the third acquisition by Infogain in the last 14 months. The financial terms of the deal were not disclosed.

“Infogain’s acquisition of Absolutdata completes our three-pronged acquisitions strategy to help customers’ increasing demand for adopting digital platforms by employing strategy and experience, cloud transformation, and advanced analytics and AI services,” said Infogain’s CEO Sunil Bhatia.

About 300 Absolutdata employees in the US and India will move to Infogain following the acquisition.