Accenture (NYSE: ACN) has agreed to acquire the Integrated
Product Support (IPS) business of SIPAL in Italy. The acquisition
will strengthen Accenture’s engineering capabilities for Italian
and European aerospace and defense clients.
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Accenture has agreed to acquire the
Integrated Product Support (IPS) business of SIPAL in Italy.
SIPAL’s Italian IPS business provides engineering services to
ensure the operational availability of complex products and
systems, such as aerial and land vehicles or naval vessels,
throughout their entire life cycle. It serves major aerospace and
defense organizations and is involved in several national and
European defense programs. The part of SIPAL’s business that
Accenture intends to acquire also provides services in product
engineering, industrial engineering, manufacturing support and
training. It is headquartered in Turin and has offices across
Italy.
The operations will help Accenture better support organizations
in Italy and Europe in the development of software-defined
solutions and next-generation integrated systems for military
vehicles, aerostructures and naval vessels. Upon close, the area of
the company dedicated to SIPAL's IPS activities (about 250
engineering professionals) will join Accenture’s service for
digital engineering and manufacturing and infrastructure and
capital projects, Industry X.
Teodoro Lio, Market Unit Lead for Accenture in Italy, said: “By
acquiring SIPAL’s Italian IPS business, we once again confirm our
commitment to investing in Italian excellence and support sectors
that are strategic to the country. SIPAL’s highly specialized
defense engineering capabilities, combined with our deep product
engineering, digital, data and AI expertise, will create an
exceptional capability to drive reinvention across these
industries, in Italy and Europe.”
Ignazio Dogliani, SIPAL’s CEO, said: “Today, SIPAL warmly
welcomes the proposed acquisition of SIPAL’s IPS area by Accenture,
a truly global company with strong roots in Italy and across
Europe, confident that this marks the beginning of a new chapter of
growth. This transaction represents an extraordinary opportunity to
deliver even greater value to clients and to enable the IPS team to
expand its presence in a broader and more international
market.”
The acquisition is part of Accenture’s ongoing commitment to
helping companies reinvent how they design, engineer and
manufacture products and services with technology, specialized
talent and intelligent processes. It continues Accenture’s
long-term strategy to expand the company’s engineering and
technology innovation capabilities in Italy and to contribute to
accelerating the digital transformation of industries critical to
the country’s growth. Since 2023, Accenture has completed six
strategic acquisitions in Italy. These include Ammagamma (AI),
Intellera Consulting (public sector and healthcare), IQT Group
(net-zero infrastructure), Fibermind (5G and fiber networks),
Customer Management IT and SirfinPA (public sector, justice and
security).
The financial terms of the transaction were not disclosed.
Completion of the acquisition is subject to customary closing
conditions.
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,” “aspires,” “expects,”
“intends,” “plans,” “projects,” “believes,” “estimates,”
“positioned,” “outlook,” “goal,” “target” and similar expressions
are used to identify these forward-looking statements. These
statements are not guarantees of future performance nor promises
that goals or targets will be met, and involve a number of risks,
uncertainties and other factors that are difficult to predict and
could cause actual results to differ materially from those
expressed or implied. These risks include, without limitation,
risks that: Accenture and SIPAL 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, and may in the future be, adversely affected by volatile,
negative or uncertain economic and geopolitical 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 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; risks
and uncertainties related to the development and use of AI could
harm the company’s business, damage its reputation or give rise to
legal or regulatory action; if Accenture is unable to match people
and their skills 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 faces legal, reputational
and financial risks from any failure to protect client and/or
company data from security incidents or cyberattacks; the markets
in which Accenture operates are highly competitive, and Accenture
might not be able to compete effectively; 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 ecosystem partners or
fails to anticipate and establish new alliances in new
technologies, the company’s results of operations could be
adversely affected; Accenture’s profitability could materially
suffer due to pricing pressure, if the company is unable to remain
competitive, if its cost-management strategies are unsuccessful or
if it experiences delivery inefficiencies or fail to satisfy
certain agreed-upon targets or specific service levels; 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 results of operations could be
materially adversely affected by fluctuations in foreign currency
exchange rates; Accenture’s debt obligations could adversely affect
its business and financial condition; 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; as a
result of Accenture’s geographically diverse operations and
strategy to continue to grow in key markets around the world, the
company is more susceptible to certain risks; if Accenture is
unable to manage the organizational challenges associated with its
size, the company might be unable to achieve its business
objectives; Accenture might not be successful at acquiring,
investing in or integrating businesses, entering into joint
ventures or divesting businesses; 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; Accenture’s global operations expose the company to
numerous and sometimes conflicting legal and regulatory
requirements; 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 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,
as updated in Item 1A, “Risk Factors” in its Quarterly Report on
Form 10-Q for the second quarter of fiscal 2025, 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.
About Accenture
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. We are a talent- and
innovation-led company with approximately 801,000 people serving
clients in more than 120 countries. Technology is at the core of
change today, and we are one of the world’s leaders in helping
drive that change, with strong ecosystem relationships. We combine
our strength in technology and leadership in cloud, data and AI
with unmatched industry experience, functional expertise and global
delivery capability. Our broad range of services, solutions and
assets across Strategy & Consulting, Technology, Operations,
Industry X and Song, together with our culture of shared success
and commitment to creating 360° value, enable us to help our
clients reinvent and build trusted, lasting relationships. We
measure our success by the 360° value we create for our clients,
each other, our shareholders, partners and communities. Visit us at
accenture.com
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version on businesswire.com: https://www.businesswire.com/news/home/20250530860610/en/
Armando Barone Accenture +39 348 5608969
armando.barone@accenture.com Jens Derksen Accenture +49 1755761393
jens.derksen@accenture.com Alessia Quaglio Accenture +39 340
7093200 alessia.quaglio@accenture.com
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