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Accenture To Acquire Albert After Completing Tender Offer

Nov 15, 2022•over 2 years ago

Acquiring Company

Accenture

Acquired Company

Albert Corp

DublinCulver City

Description

Accenture (NSE: ACN) is to acquire Japanese data science company ALBERT Inc. (President and CEO: Tokyo Stock Exchange Growth Market, Securities Code: 3906), after completing a tender offer. The acquisition will add a large team of data scientists to Accenture to further strengthen its data and AI capabilities for clients.

Company Information

Company

Accenture

Location

Dublin, Dublin, Ireland

About

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 569,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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