Accenture Closes Acquisition of umlaut

accenture

Accenture (NYSE: ACN) has completed the acquisition of umlaut, an Aachen, Germany-based engineering consulting and services firm.

The terms of the transaction, which Accenture announced on June 14, were not disclosed.

The deal scales Accenture’s deep engineering capabilities to help companies use digital technologies like cloud, artificial intelligence and 5G to transform how they design, engineer and manufacture their products as well as embed sustainability. Umlaut adds more than 4,200 engineers and consultants across 17 countries to Accenture’s Industry X services and expands the company’s capabilities across a range of industries, including automotive, aerospace & defense, telecommunications, energy and utilities.

Accenture Industry X embeds intelligence in how clients run factories and plants, as well as design and engineer connected products and services.

FinSMEs

04/10/2021