Globally, in 2021, Accenture has announced two Oracle-focused acquisitions: . Services Providers For Oracle SaaS Business Apps, Q4 2020. J. Neely is a Senior Managing Director and Global M&A practice leader for Accenture. Bengaluru, India and Prague, Czech Republic - October 05, 2020. The COVID-19 pandemic has reminded us of the folly of trying to predict the future. In the 2019 fiscal year, Accenture invested nearly $1.2 billion on 33 buyouts. [41] The $200 million acquisition was completed in April 2020. Accenture CEO Julie Sweet Accenture is prepared to spend up to $1.6 billion on acquisitions in its fiscal year 2020, CFO KC McClure told Wall Street analysts during an earnings call earlier this month. The most popular video conferencing tool Zoom has announced its acquisition on May 7, 2020. This was a Grant round raised on Oct 1, 2018. Accenture Interactive has acquired Malaysian full-service agency Entropia for an undisclosed sum. . Accenture Makes 20th Acquisition In 2020 With CreativeDrive Buy With Accenture's Friday acquisition of CreativeDrive, the solution provider goliath has made a whopping 20 acquisitions in 2020 as. 28 Jan 2020. April 2019: Advertising heavyweight Droga5. Cloudworks marks the third acquisition for Accenture Canada over the last year. MINT . Walmart Acquisition of Flipkart. Jamf Acquires Wandera. TYSONS, Va. (January 17, 2020) - Holland & Knight advised Clarity Insights, a U.S.-based data consultancy, in the company's sale to Accenture, a global professional services firm. Riding on a global digital transformation wave, Accenture, like most cash-rich IT (information technology) services companies, will lean on an inorganic strategy to build capabilities quickly for changing market demands. E-bay India. These companies focus on mastering leading-edge technologies and data manipulation to drive business innovation at unprecedented scale. Echoing Accenture's focus on AI, Amazon acquired Health Navigator, a platform designed to foster more expeditious collaboration between healthcare providers and patients, in part through natural language processing and enhanced analytics. Founded in 2016, Cloudworks provides Oracle Cloud-based solutions in enterprise resource planning, enterprise performance management . Especially in 2021, it has been on a shopping spree and added many companies, big and small, to its kitty. Opsani - January 28, 2022 Opsani is a privately held enterprise software company based in Redwood City, California. Accenture has acquired Melbourne-based AWS and Microsoft partner Olikka. Accenture is registered under the ticker FRA:CSA . Accenture Acquires Glamit. 2 mins read. [42] In February 2020, Accenture announced that it plans to shut down its media auditing by the end of August. Accenture Interactive has bought its first agency in Africa, King James Group. invested $35 million or Rs 265 crore. . Accenture cites deal potential, remote shift. Aspirants preparing for the upcoming Government exams can also refer to the links mentioned below to excel in the examinations and strengthen their preparations: Free Online Government Exam Quiz. Accenture is betting on acquisitions to expand its cloud business which grew in double-digits for the second quarter ended 28 February. He works with publicly traded and privately held corporations across the deals cycle, on large-scale, global . And it sounds like an M&A strategy will remain in place amid the coronavirus pandemic. Accenture has completed the acquisition of Avenai, an Ottawa-based provider of consulting and technology services, which will bolster . The company launched an office in Brazil in 2012 and hired Kátia Ortiz as a country manager in 2015. This move was aimed at strengthening Unacademy's presence in the medical entrance examination categories such as NEET PG . The recently announced acquisition of N3 will bring in nearly 2,200 employees to Accenture . In January 2020, Apple announced that the company had acquired an edge-based AI startup — Xnor.ai for a reported $200 million. The acquisition will further enable Cisco AppDynamics to grow its product and engineering team, expand our platform's capabilities to better observe enterprise-scale, cloud-native environments, and accelerate our path to availability and the delivery of . The portfolio of the acquisitions that Cognizant made this year is expected to help the company in its legacy offerings and new offerings and were focused on expanding its cloud capabilities. This acquisition adds roughly 1,350 employees skilled in cloud technologies such as Amazon Web Services, Azure, and the Google Cloud Platform to Accenture's workforce. Public cloud spending in 2020 was $270 billion. Acquisitions and integration: Accenture has boosted its emphasis on acquisitions in the past 15 months or so, investing $1.17 billion and $1.5 billion toward that end in 2019 and 2020 respectively . November 13, 2020. Vignesh Anantharaj 22 Dec, 2020. Accenture was also named a Leader in the 2021 Gartner . The company, Xnor.ai, employs machine learning and image recognition tools for delivering AI capabilities on low-resource edge devices and has been one of the promising AI . Spirit Telecom revealed its latest foray into the Sydney market, this time with the $700,000 acquisition of managed IT provider . Each comes from a different sector and has . The deal comes despite . 11. Further, Cirrus complements Accenture's Talent & Organization/Human Potential's latest acquisitions - Future State in February and Kates Kesler in 2020, aimed at increasing client offerings. Most recent work includes due diligence, legal . View Rosana's full profile . Accenture has completed the acquisition of Avenai, an Ottawa-based provider of consulting and technology services, which will bolster . Accenture total number of employees . November 13, 2020. Accenture total number of employees in 2020 was 506,000, a 2.85% increase from 2019. Cognizant Technology Solutions ( NASDAQ: CTSH) has been on a buying spree in 2020. Credit: Olikka. 2017. Bhartiya Mahila Bank, SB of Bikaner and Jaipur, SB of Patiala, SB of Travancore. Accenture has acquired Toronto-based Oracle Cloud implementation service provider Cloudworks to deliver Oracle solutions to clients across Canada, the company announced in a July 19 press release which did not disclose the financial terms of the acquisition.. Accenture was also named a Leader in the 2021 Gartner . 2021 will surely deliver plenty of surprises but 10 trends—including 'growth of the giants', a race to green, the switch to usage-based cover, and Bitcoin as a new asset class—look set to have a big impact on the insurance industry in the year ahead. Accenture has acquired Revolutionary Security for an undisclosed sum, marking the third cybersecurity purchase the professional services firm has made this calendar year. . June 2022: Allgemeines Rechenzentrum GmbH (ARZ), a technology service provider focused on the banking sector in Austria . Accenture Mergers and Acquisitions Summary Business Services Company Accenture has acquired 261 companies, including 172 in the last 5 years. Accenture, meanwhile, has rolled up the most IT services this year after acquiring no less . . In July 2020, Unacademy acquired PrepLadder for $50 million. The company's cash and cash equivalent balance of $8.42 billion at the end of fourth-quarter fiscal 2020 was well above the debt level of $54.1 million . Azwan Baharuddin, country managing director, Accenture Malaysia (left) with Prashant Kumar, founder and senior partner, Entropia. Terms of the transaction, which Accenture announced on May 19, 2020, were not disclosed. Accenture's acquisition of Clarity Insights follows the company's INTIENT purchase and rounds out a typically active acquisition year for one of the leaders in TBR's HITS benchmark.Clarity Insights brings Accenture AI and machine learning capabilities, 350 healthcare data scientists, and . Examples include acquiring: Symantec's cyber security services business from Broadcom in April 2020; Context Information Security in March 2020; and; Real Protect in January 2021. Cloudworks marks the third acquisition for Accenture Canada over the last year. Aug 2014 - Present7 years 11 months. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Song, Technology and Operations services — all powered by the world's largest network of Advanced Technology and . Accenture has forecast about $4 billion in acquisitions for fiscal 2022. • Experienced across the M&A and divestiture transaction lifecycle. Zee Entertainment Enterprises Limited (ZEEL) and Sony Pictures Networks India (SPNI), two of India's biggest media conglomerates, have taken the first steps towards a multibillion-dollar merger. Founded in 2011, Olikka is a cloud-native solutions provider with approximately 50 full-time employees, including a robust team of . Accenture Acquires Glamit. Accenture's steady appetite, Amazon's potential new offering and Google's uncertain moves. Global 500. S&P Global (SPGI) to Buy IHS Markit. One of the strategic levers we used to make that pivot was mergers and acquisitions (M&A). [43] "The acquisition quickly and strongly evolves Accenture's partnership with ServiceNow, which . Accenture intends to harness this talent pool to expand Cloud First, an initiative launched in September 2020 with a $3 billion investment. List of Accenture 's 245 Acquisitions, including ARZ Allgemeines Rechenzentrum and akzente Save Search Companies Contacts Investors Funding Rounds Acquisitions People Events Schools Hubs Saved Acquirer Name Add Acquisitions filter includes any Accenture E.g. After making 20 acquisitions in 2019, Accenture continued their aggressive acquisition activity with an additional 24 acquisitions in 2020. Accenture has agreed to purchase Revolutionary Security, a provider of enterprise security for IT and OT environments, in its third acquisition of 2020. In the fourth quarter of fiscal 2020, Accenture's outsourcing revenues increased 6% year over year. 6. Prior to Accenture's announcement, MoffettNathanson . both in 2020. September 22, 2020. Prepladder. Here are the top AI acquisitions of 2020, so far — in random order: Apple Acquired Xnor.ai. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Song, Technology and Operations services — all powered by the world's largest network of Advanced Technology and . 17. Overall, IBM has now acquired three IT services providers in 2020, while Cognizant has acquired nine. Austin, Texas, United States. Zee Entertainment - Sony India Merger. akzente helps companies across a broad range of industries including automotive, financial services, energy and consumer goods build sustainability into the core of their businesses and create sustainable value for their stakeholders. Hampleton said in the second half of 2019, transaction volume increased, pushing up to 407 transactions from 380 in the first half of the year. Terms of the deal were not disclosed. The acquisition of Imaginea, which helps companies digitally transform using disruptive tech, will add to Accenture's Cloud First services. With the boost in the user base of Zoom, it is now finding new ways to make conversations of its customers more secure with end-to-end encryption. Accenture is a global professional services company with leading capabilities in digital, cloud and security.