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Accenture and Telstra to Establish Global AI Joint Venture

PUBLIC · ACNJan 16, 2025

Acquiring Company

Accenture

Acquired Company

Telstra

MelbourneInformation TechnologyArtificial IntelligenceGovernmentHardwareSatellite CommunicationVoipCall CenterTelecommunications

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.

Quick answer

Accenture is acquiring Telstra, announced January 16, 2025.

How much did Accenture pay for Telstra?
The deal value was not disclosed.
What does Accenture do?
Accenture is a global professional services company with leading capabilities in digital, cloud and security.
Where are Accenture and Telstra based?
Telstra is based in Melbourne, Victoria, Australia.
Who are the decision-makers at Accenture?
Fundz holds 5 contacts at Accenture. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Government and Hardware

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Accenture

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.

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Related People

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Frequently asked

Who acquired Telstra?

Telstra was acquired by Accenture. The deal was reported on January 16, 2025. Accenture is a global professional services company with leading capabilities in digital, cloud and security. Accenture is publicly traded (ACN) and operates in Information Technology.

When did Accenture acquire Telstra?

Accenture's acquisition of Telstra was reported on January 16, 2025. Accenture and Telstra have announced a proposed joint venture (JV) aimed at rapidly accelerating Telstra's data and AI roadmap. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Telstra do?

Telstra Group Limited is a leading telecommunications and technology company in Australia. It provides a wide range of services including mobile, internet, and telecommunication solutions. It is privately held, operating in Hardware, and is based in Melbourne.

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