Accenture (NYSE: ACN) has agreed to acquire SALT Solutions AG
(“SALT Solutions”), a technology consultancy headquartered in
Würzburg, Germany. The firm implements and maintains IT systems for
production, operations and logistics at leading German automotive,
manufacturing, consumer goods and chemicals companies. The
acquisition will help Accenture build cloud-based industrial
internet of things (IoT) platforms that speed up and optimize
clients’ production and logistics and enable them to reduce quality
and waste issues along the entire supply chain.
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German technology consultancy SALT
Solutions will deepen Accenture’s shop floor expertise (Photo:
Business Wire)
SALT Solutions will join Accenture Industry X, which helps
clients improve how they operate factories and plants. SALT
Solutions brings a team of more than 500 highly skilled
professionals with deep expertise in manufacturing and supply
chains systems including, but not limited to, SAP manufacturing
software. Complementing Accenture’s expertise in enterprise
resource planning systems and cloud solutions, the acquisition will
be fundamental to expanding Accenture Industry X’s digital
manufacturing, operations and supply chain business in Germany.
Frank Riemensperger, market unit lead for Accenture in Germany,
Austria, Switzerland and Russia, said: “To win in today’s changing
global industry landscape, companies need to excel in Industry 4.0
and put digital at the core of their business. SALT Solutions’
expert knowledge and experience in dynamic digital manufacturing
and optimization will significantly deepen Accenture’s shop floor
expertise.”
Nigel Stacey, global lead for Accenture Industry X, added: “We
are building cloud-based industrial IoT platforms for our clients
that capture and turn underused shop floor information into
insights for real-time and long-term strategic decision-making.
SALT Solutions’ unique production and logistics expertise will be a
key enabler for these platforms.”
Maximilian Brandl, CEO of SALT Solutions, commented: “By joining
Accenture Industry X, we will be able to offer clients a holistic
approach to their digital transformation of manufacturing operations and
logistics, adding even more value along the entire supply
chain.”
SALT Solutions is a certified SAP Gold Partner and has
additional offices in Berlin, Dresden, Düsseldorf, Munich and
Stuttgart.
SALT Solutions will be pivotal to bolstering Accenture’s digital
manufacturing and operations capabilities, which Accenture has been
growing through acquisitions in different markets. These include
PLM Systems in Italy, Callisto Integration in Canada, Silveo in
France and Enterprise System Partners in Ireland. It will also
follow other acquisitions Accenture has made to strengthen Industry
X in Germany, which include embedded software company ESR Labs,
technology consultancy Zielpuls and strategic design consultancy
designaffairs.
Completion of the acquisition is subject to customary closing
conditions. Financial terms were not disclosed.
About Accenture Accenture is a leading global professional
services company, providing a broad range of services in strategy
and consulting, interactive, technology and operations, with
digital capabilities across all of these services. We combine
unmatched experience and specialized capabilities across more than
40 industries — powered by the world’s largest network of Advanced
Technology and Intelligent Operations centers. With 513,000 people
serving clients in more than 120 countries, Accenture brings
continuous innovation to help clients improve their performance and
create lasting value across their enterprises. Visit us at
www.accenture.com.
Accenture Industry X embeds intelligence in how clients run
factories and plants and design and engineer products. We use
digital technologies like AI, cloud and IoT to make manufacturing
and operations more efficient, effective and safe, and develop and
scale connected products and services faster to drive new revenues
and sustainable growth. Learn more about how Industry X transforms
the way companies make things and the very things they make on
https://www.accenture.com/us-en/services/industryx0-index.
Forward-Looking Statements Except for the historical
information and discussions contained herein, statements in this
news release may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “may,” “will,” “should,” “likely,” “anticipates,”
“expects,” “intends,” “plans,” “projects,” “believes,” “estimates,”
“positioned,” “outlook” and similar expressions are used to
identify these forward-looking statements. These statements involve
a number of risks, uncertainties and other factors that could cause
actual results to differ materially from those expressed or
implied. For a discussion of risks and actions taken in response to
the coronavirus (COVID-19) pandemic, see “Our results of operations
have been significantly adversely affected and could in the future
be materially adversely impacted by the COVID-19 pandemic” under
Item 1A, “Risk Factors” in Accenture plc’s Quarterly Report on Form
10-Q for the quarterly period ended May 31, 2020. Many of the
following risks, uncertainties and other factors identified below
are, and will be, amplified by the COVID-19 pandemic. These risks
include, without limitation, risks that: Accenture and SALT
Solutions AG will not be able to close the transaction in the time
period anticipated, or at all, which is dependent on the parties’
ability to satisfy certain closing conditions; the transaction
might not achieve the anticipated benefits for Accenture;
Accenture’s results of operations have been significantly adversely
affected and could in the future be materially adversely impacted
by the COVID-19 pandemic; Accenture’s results of operations could
be adversely affected by volatile, negative or uncertain economic
and political conditions and the effects of these conditions on the
company’s clients’ businesses and levels of business activity;
Accenture’s business depends on generating and maintaining ongoing,
profitable client demand for the company’s services and solutions
including through the adaptation and expansion of its services and
solutions in response to ongoing changes in technology and
offerings, and a significant reduction in such demand or an
inability to respond to the evolving technological environment
could materially affect the company’s results of operations; if
Accenture is unable to keep its supply of skills and resources in
balance with client demand around the world and attract and retain
professionals with strong leadership skills, the company’s
business, the utilization rate of the company’s professionals and
the company’s results of operations may be materially adversely
affected; Accenture could face legal, reputational and financial
risks if the company fails to protect client and/or company data
from security breaches or cyberattacks; the markets in which
Accenture operates are highly competitive, and Accenture might not
be able to compete effectively; changes in Accenture’s level of
taxes, as well as audits, investigations and tax proceedings, or
changes in tax laws or in their interpretation or enforcement,
could have a material adverse effect on the company’s effective tax
rate, results of operations, cash flows and financial condition;
Accenture’s profitability could materially suffer if the company is
unable to obtain favorable pricing for its services and solutions,
if the company is unable to remain competitive, if its
cost-management strategies are unsuccessful or if it experiences
delivery inefficiencies; Accenture’s results of operations could be
materially adversely affected by fluctuations in foreign currency
exchange rates; as a result of Accenture’s geographically diverse
operations and its growth strategy to continue to expand in its key
markets around the world, the company is more susceptible to
certain risks; Accenture’s business could be materially adversely
affected if the company incurs legal liability; Accenture’s work
with government clients exposes the company to additional risks
inherent in the government contracting environment; if Accenture is
unable to manage the organizational challenges associated with its
size, the company might be unable to achieve its business
objectives; Accenture’s ability to attract and retain business and
employees may depend on its reputation in the marketplace; if
Accenture does not successfully manage and develop its
relationships with key alliance partners or fails to anticipate and
establish new alliances in new technologies, the company’s results
of operations could be adversely affected; Accenture might not be
successful at acquiring, investing in or integrating businesses,
entering into joint ventures or divesting businesses; if Accenture
is unable to protect or enforce its intellectual property rights or
if Accenture’s services or solutions infringe upon the intellectual
property rights of others or the company loses its ability to
utilize the intellectual property of others, its business could be
adversely affected; Accenture’s results of operations and share
price could be adversely affected if it is unable to maintain
effective internal controls; changes to accounting standards or in
the estimates and assumptions Accenture makes in connection with
the preparation of its consolidated financial statements could
adversely affect its financial results; many of Accenture’s
contracts include fees subject to the attainment of targets or
specific service levels, which could increase the variability of
the company’s revenues and impact its margins; Accenture might be
unable to access additional capital on favorable terms or at all
and if the company raises equity capital, it may dilute its
shareholders’ ownership interest in the company; Accenture may be
subject to criticism and negative publicity related to its
incorporation in Ireland; as well as the risks, uncertainties and
other factors discussed under the “Risk Factors” heading in
Accenture plc’s most recent Annual Report on Form 10-K, Quarterly
Report on Form 10-Q and other documents filed with or furnished to
the Securities and Exchange Commission. Statements in this news
release speak only as of the date they were made, and Accenture
undertakes no duty to update any forward-looking statements made in
this news release or to conform such statements to actual results
or changes in Accenture’s expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20200916005129/en/
Lea Treese Accenture Germany +49 6173 9461641
lea.treese@accenture.com
Jens R. Derksen Accenture Industry X +49 175 5761393
jens.derksen@accenture.com
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