Accenture (NYSE: ACN) is to acquire PLM Systems, a Turin, Italy-based boutique systems integrator.
The amount of the deal was not disclosed.
The acquisition will expand Accenture’s capabilities to allow clients to improve how they manage product data in design, engineering and manufacturing and expand its presence in the market for digital engineering services.
Founded in 1996, PLM Systems specializes in designing and building information systems for product lifecycle management systems, which help companies manage all relevant information about a product from its inception to its disposal. Companies can use them in engineering and other functions to innovate and manage new products.
Clients include Italian and international automotive, industrial equipment, fashion and aerospace and defense companies. PLM’s team will join Accenture Industry X.0 in Italy.
Accenture Industry X.0 uses digital technologies to continuously improve how industrial companies design, engineer and manufacture products and services and operate industrial facilities.