Addition of Cirruseo to enhance Accenture's ability to help clients leverage Google Cloud technology to accelerate innovation and digital transformation
Accenture (NYSE:ACN) has entered into exclusive negotiations to acquire Cirruseo, a leading pure-play Google Cloud services provider in France. The acquisition requires prior consultation with the relevant works councils and would be subject to customary closing conditions. Financial terms of the transaction are not being disclosed.
The acquisition would strengthen Accenture's expertise in Google Cloud in the French market and more broadly across Europe by enhancing its ability to help clients apply Google Cloud technologies in an industry-specific context, at speed and at scale. Cirruseo's expertise would also fortify Accenture's ability to help clients accelerate innovation by leveraging the cloud to analyze increasing volumes of data and create hyper-personalized client experiences, all with secured architectures.
"The addition of Cirruseo would be a significant step forward in our growth strategy in France, bringing a strong team of Google Cloud specialists to Accenture," said Olivier Girard, Accenture's Geographic Unit managing director for France and Benelux. "The combination of Cirruseo's mastery of Google Cloud technologies with our expertise in digital marketing, artificial intelligence and cybersecurity would enhance our ability to deliver a unique end-to-end service offering to help clients with their digital transformations."
Bhaskar Ghosh, group chief executive of Accenture Technology Services, added, "At a global level, the acquisition of Cirruseo would demonstrate Accenture's commitment to investing in the skills and capabilities needed to help our clients apply new technologies to accelerate innovation and achieve business outcomes. Growing our Google Cloud capabilities enables Accenture to continue to bring the new to life for our global clients across industries, at scale, each and every day."
Providing consulting and implementation services for Google Cloud Platform and G Suite solutions, Cirruseo has nearly 100 highly skilled Google Cloud professionals and is a Google Cloud Premier Partner, as well as a certified trainer for Google Cloud technologies. Since its creation in 2011, Cirruseo has helped more than 600 clients, including some of the largest French companies, define and execute their Google Cloud-based strategies.
"As the demand for Google Cloud services is booming, joining Accenture is an exciting opportunity for us to help even more organizations benefit from the potential of Google Cloud to drive innovation," said Hervé Romain, co-founder and CEO of Cirruseo. "The combination of our deep expertise in Google Cloud technologies with Accenture's industry knowledge and experience in global large-scale cloud initiatives would allow us to bring highly differentiated end-to-end services to the market."
Cirruseo's deep experience with Google Cloud's artificial intelligence solutions, including data analytics and machine learning tools, would further reinforce Accenture Applied Intelligence's leadership position in delivering applied intelligence solutions to clients.
Cirruseo would enhance Accenture's end-to-end Intelligent Software Engineering and Intelligent Cloud Infrastructure Services and will complement the existing capabilities of the Accenture Google Cloud Business Group, which is focused on developing industry based solutions in high-growth areas to accelerate clients' adoption of Google Cloud. Accenture has more than 2,600 Google Cloud practitioners and has delivered more than 21,000 cloud transformations in nearly every industry.
About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions underpinned by the world's largest delivery network Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 477,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
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. 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Contacts:
Hannah Unkefer
Accenture
+1 206 839 2172
hannah.m.unkefer@accenture.com
François Luu
Accenture France
+33 1 53 23 68 55
francois.luu@accenture.com
