Announced
Financials
Sources
Tags
Single Bidder
Germany
Pending
engineering consulting
Engineering Consulting
Friendly
Cross Border
Acquisition
Private
Majority
Synopsis
Accenture, an Irish-domiciled multinational company that provides consulting and processing services, agreed to acquire umlaut, an engineering consulting and services firm headquartered in Aachen, Germany. Financial terms were not disclosed. The move will significantly scale 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.
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