Accenture (NYSE: ACN) is to acquire Linkbynet, a French cloud services provider.
The financial terms of the deal – which requires prior consultation with the relevant works councils and approvals from the relevant authorities and would be subject to customary closing conditions – were not disclosed.
The acquisition would enhance Accenture Cloud First capabilities supporting clients’ cloud migrations and business transformations.
The addition of more than 900 highly skilled professionals, who hold 400 certifications from major cloud providers such as Alibaba, Amazon, Google and Microsoft, would further enhance the global capabilities of Accenture Cloud First.
Founded in 2000 by Patrick and Stéphane Aisenberg, Linkbynet is a solutions provider specializing in cloud optimization and managed services, cloud transformation and cloud security. The firm is based in Saint-Denis, France, with additional offices in Belgium, Canada, China, France, Luxembourg, Mauritius, Singapore and Vietnam.
Backed by a $3 billion investment over three years, Accenture Cloud First is a multi-service group of 70,000 cloud professionals offering cloud expertise, industry cloud solutions, ecosystem partner capabilities and assets to help clients realize value from cloud at speed and scale.
Over the past 24 months, Accenture has made a number of strategic investments to expand and enhance its cloud services capabilities. These include in France the acquisition of Gekko in June 2020 and Cirruseo in June 2019 and more recently in Europe the acquisition of Edenhouse (UK), Infinity (UK) and Cygni (Sweden).