Accenture acquires Navisite to enhance cloud transformation services
Accenture (NYSE: ACN), a global professional services company, has officially completed its acquisition of Navisite, a leading digital transformation and managed services provider. This strategic move is set to significantly bolster and scale Accenture‘s application and infrastructure managed services, offering a robust platform for clients across North America to modernize their IT infrastructures in preparation for the AI era. The acquisition, which was initially announced on January 10, 2024, seamlessly integrates approximately 1,500 skilled professionals from Navisite into Accenture’s Infrastructure Engineering practice. This integration is aimed at accelerating cloud transformation initiatives and establishing a strong digital core for Accenture’s clientele.
Navisite, renowned for its extensive experience and expertise in the realm of cloud engineering, brings more than 400 cloud engineers and over 2,000 certifications to the table. This acquisition enriches Accenture’s capabilities with deep-seated knowledge across various cloud providers, enterprise applications, and digital technologies. Navisite’s impressive track record of serving clients in diverse sectors such as technology, business services, healthcare, life sciences, and manufacturing positions Accenture to offer an even broader spectrum of digital transformation solutions.
The terms of the acquisition, facilitated through a purchase from Madison Dearborn Partners, a private equity investment firm, have not been disclosed. Nonetheless, the strategic importance of this acquisition cannot be overstated. Navisite’s headquarters in Andover, MA, and its team of approximately 1,500 people, are now integral components of Accenture’s Infrastructure Engineering practice. This merger is a testament to Accenture’s commitment to helping clients navigate their cloud transformation journeys and develop a resilient digital core.
Experts view this acquisition as a pivotal step for Accenture in enhancing its application and infrastructure managed services capabilities. It is a clear indicator of the company’s dedication to leading the charge in IT modernization, especially in an era where artificial intelligence and digital technologies are becoming increasingly crucial. The addition of Navisite’s expertise signifies Accenture’s strategic positioning to address the evolving needs of its clients, empowering them to leverage cutting-edge technologies and innovative solutions in their digital transformation endeavors.
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