Avanade, a Seattle-based MSP and technology solutions provider that specializes in Microsoft services, has acquired global software engineering, design and digital strategy firm Infusion. Financial terms were not disclosed.
According to Avanade, the acquisition expands the company's capabilities to deliver digital transformation services. Avanade also noted the transaction reinforces the company's position as "the leading digital innovator in the Microsoft ecosystem."
"We are delighted to welcome the Infusion team to the Avanade family," Mick Slattery, Avanade's president of North America, stated in press release. "This acquisition brings together two organizations whose cultures are based on a client-first approach to digital transformation. In this time of unprecedented change in the marketplace, it also reaffirms our commitment to bringing bold and fresh experiences to our clients and their customers."
What Does Infusion Offer?
Infusion provides digital expertise in several areas, including:
- Application modernization.
- Customer experience.
- Enterprise productivity.
- Business insights.
- Emerging technologies.
Infusion has 600 employees globally, offices in the United States and Europe and innovation centers in Canada and Poland. The company supports customers in the following industries:
- Financial services.
- Oil & gas.
- Retail.
- Healthcare.
- Education.
- Travel & leisure.
Going forward, Infusion customers will be able to access Avanade's Microsoft expertise.
"Our people will now have access to award-winning training and career development resources that will facilitate growth and new opportunities," Infusion President Alim Somani said in a prepared statement. "This is an exciting time for both companies."
What Does the Acquisition Mean for Avanade?
Avanade launched in 2000 as a joint merger between Accenture and Microsoft. Since that time, Avanade has grown significantly. Consider these fast facts:
- Since 2000, Avanade has recorded more than $2 billion in sales and posted 20 percent average year-on-year growth.
- Roughly 34 percent of customers are in the Fortune 500, and 46 percent are in the Global 500.
- The company boasts 24,000 Microsoft certifications and 23 Microsoft Gold competencies – more than any other Microsoft partner.
Avanade said the Infusion acquisition expands the company's domain expertise in the financial services and capital markets.
In addition, Somani indicated the acquisition may help Avanade deliver superior digital solutions to customers around the world.
"This is absolutely the right time for us to join Avanade to achieve even greater success. We share a similar culture of innovation as well as the strength, scale and international footprint required to deliver the best digital solutions," Somani said in a press release.
Complete M&A Coverage: Track all VAR, MSP and CSP mergers and acquisitions by visiting the ChannelE2E Milestones section daily. Also, check out ChannelE2E’s Top 100 Mergers & Acquisitions across the IT channel, 2017 edition.
