Accenture Buys Core Compete

Accenture (NYSE: ACN) has acquired Core Compete, a Durham, North Carolina-based cloud analytics services firm.

The amount of the deal was not disclosed.

Core Compete’s team of more than 260 professionals will join Accenture’s Applied Intelligence practice, strengthening the company’s capabilities to help clients execute their cloud-based data and AI strategies to drive more business value.

Founded in 2012 and led by Shiva Kommareddi, managing partner, Core Compete enables digital transformations with cloud-native solutions that deliver artificial intelligence (AI) and machine learning-driven business outcomes, to serve a diverse client base across the US and UK, with particular focus on supply chain, retail and financial services.

The firm has data science, data engineering and cloud engineering consultants, in the USA and has additional offices in the UK and India.