Accenture to acquire Cabel Industry from Fibonacci Group.

Accenture, a multinational professional services company, agreed to acquire Cabel Industry, a company specializing in core banking and banking-as-a-service solutions, from Fibonacci Group. Financial terms are not disclosed. “Integrating Cabel Industry into Accenture significantly strengthens our core banking proposition. Their specialized platform and industry expertise enable us to accelerate the delivery of flexible, industrialized solutions aligned with the evolving technology priorities of Italian banks," Teodoro Lio, Accenture Market Unit Lead in Italy.