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Accenture Completes Acquisition Of Google Cloud Services Boutique Wabion

Sep 02, 2021•over 4 years ago

Acquiring Company

Accenture

Acquired Company

Google Cloud Services Boutique Wabion

DublinInformation Technology

Description

Accenture (NYSE: ACN) has completed the acquisition of Wabion, a Google Cloud services boutique with headquarters in Esslingen, Germany and Olten, Switzerland as well as additional offices in Munich, Cologne and Lausanne. Terms of the transaction, which Accenture announced on July 14, were not disclosed.

Company Information

Company

Accenture

Location

Dublin, Dublin, Ireland

About

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale.

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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