Accenture (NYSE: ACN) has agreed to acquire Objectivity, a
digital engineering firm specializing in cloud and platform
development services that help clients accelerate their
transformation journey for rapid innovation. Terms of the
transaction were not disclosed.
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Accenture has agreed to acquire
Objectivity, a digital engineering firm specializing in cloud and
platform development services that help clients accelerate their
transformation journey for rapid innovation. (Photo: Business
Wire)
With headquarters in Coventry, UK, Objectivity’s highly-skilled
team will join Accenture, bringing additional scale and resources
from Objectivity’s operations in the UK, Poland, Germany and
Mauritius. Objectivity's extensive experience in platform
engineering, cloud native computing and application modernization
will bolster Accenture’s Cloud First capabilities to help clients
tap into more open and adaptable platform models and services in
order to accelerate their digital transformation.
“A new wave of platform engineering is creating opportunities
for companies to accelerate reinvention and value creation. With a
strong digital core powered by cloud, organizations can
continuously adapt to industry dynamics, using platforms to
reimagine value chains and embrace new business models,” said
Karthik Narain, global lead for Accenture Cloud First.
“Objectivity’s strong engineering culture and delivery experience
will help our clients pivot and launch new products quickly and
efficiently.”
“The world is undergoing massive changes, which requires
organizations to continuously reinvent themselves to drive value.
The breadth and depth of Objectivity’s engineering assets and
talent will bolster our European platform engineering capabilities,
providing our clients with the agility they need to redefine their
businesses and industries,” said Jean-Marc Ollagnier, CEO of
Accenture for Europe.
Rob Helle, founder of Objectivity, said, “For more than 30
years, Objectivity has provided innovative thinking to create the
most fit-for-purpose digital solutions. Our values-driven culture
allowed us to successfully become an international, virtual
organisation, where clients and employees have been continuously
growing together. Joining the Accenture team will enable us to
achieve more because we will be stronger together with
Accenture.”
In 2023, market research firm Everest Group positioned Accenture
as a Leader for Software Product & Platform Engineering
Services.
The acquisition follows other recent global investments
supporting Accenture’s Platform Engineering Services, including
HeadSpring, Fairway Technologies, Imaginea, among others.
Completion of the acquisition is subject to customary closing
conditions.
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Mylissa Tsai Accenture +1 617 488 7932
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Alex Dempsey Accenture +44 2033 359 082
alexandra.dempsey@accenture.com
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