Accenture (NYSE: ACN) completed the acquisition of PLM Systems, a Turin, Italy-based boutique systems integrator.
The terms of the transaction, which was announced on May 19, 2020, were not disclosed.
Founded in 1996, PLM Systems specializes in designing and building information systems for product lifecycle management. Its clients are Italian and international automotive, industrial equipment, fashion and aerospace and defense companies.
PLM Systems’ team is joining Accenture Industry X.0 in Italy, expanding Accenture’s capabilities to help clients improve how they generate, manage and benefit from product data in design, engineering and manufacturing.
The acquisition is part of an overall growth strategy to expand critical skills and capabilities in strategic, high-growth areas. It is the fourth digital manufacturing advisory, services and solutions provider that Accenture has acquired recently, following Callisto Integration in Canada, Silveo in France and Enterprise System Partners in Ireland. Other recent acquisitions Accenture has made to strengthen its Industry X.0 business include German embedded software company ESR Labs, Dutch product design and innovation agency VanBerlo, U.S. product innovation and engineering company Nytec, and German strategic design consultancy designaffairs.
Accenture Industry X.0 serves businesses when they use advanced digital technologies to transform core operations and create new revenue streams and business models. The unit supports every aspect of clients’ multi-phase transformation, including workforce, customer experience, R&D, engineering, manufacturing, business support, and ecosystems.