Accenture Completes Acquisition of Cygni

Left to Right: Joel Hofgren, Cloud Infrastructure & Engineering lead at Accenture together with Jon Persson, CEO and founder of Cygni

Accenture (NYSE: ACN) has completed the acquisition of Cygni, a Stockholm, Sweden-based cloud-native, full-stack development firm that helps companies transform their business through advanced technical software development services and innovative technical solutions.

The terms of the deal, which was announced on March 29, were not disclosed.

With headquarters in Stockholm, and offices across Sweden and one office in Amsterdam, Netherlands, Cygni provides recognized brands to transform digitally.

The acquisition adds approximately 190 software developers led by Jon Persson, CEO and founder, to Accenture Cloud First, bringing a cloud-native, full-stack engineering team with cloud, data, and modernization skills across multiple platforms and industries.
Cygni will further enhance the global capabilities of Accenture Cloud First. Powered by 70,000 cloud professionals, and a $3 billion investment over the next three years, the group brings together cloud expertise, industry cloud solutions, ecosystem partner capabilities, and assets that help clients realize greater value from cloud at speed and scale.