Accenture (NYSE: ACN) has acquired Northstream, a Stockholm, Sweden-based consultancy to communications service providers (CSPs) and networking services vendors.
The terms of the deal were not disclosed.
The acquisition will expand Accenture’s capabilities in the Nordic region to address CSP demand for network consulting programs around 5G deployment and IoT connectivity, as well as large transformational programs that may include telco network cloud deployments and operating model transformations.
Founded in 1998 by Bengt Nordström, CEO, Northstream works at the intersection of business and mobile technologies, enabling CSPs to identify emerging industry shifts, adapt to market changes, and capitalize on new business and technology opportunities. Leveraging its experience in the communications industry and network driven innovation — which spans business strategy development, technology and product assessment, industry research insights and transformational programs — Northstream aims to help clients develop new, innovative business models.
Following the deal, Northstream’s team of approximately 30 professionals will join Accenture’s Communications, Media & Technology (CMT) operating group and will increase its Communications and Media Industry Consulting capability.