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Accenture and Telstra to Establish Global AI Joint Venture

Jan 16, 2025•11 months ago

Acquiring Company

Accenture

Acquired Company

Telstra Group Limited

DublinSydneyInformation TechnologyTelecommunications

Description

Accenture and Telstra have announced a proposed joint venture (JV) aimed at rapidly accelerating Telstra's data and AI roadmap. This joint venture would combine specialists from Telstra and Accenture's Data & AI teams to build a world-class data and AI ecosystem, modernize platforms, and reinvent business processes. The seven-year JV is set to drive innovation and value for Telstra's customers, people, and shareholders, and leverage Accenture's global expertise to scale AI responsibly and at pace.

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