Accenture to acquire Solnet to enhance IT services in New Zealand
Accenture (NYSE: ACN) has entered into an agreement to acquire Solnet, a renowned IT services provider specializing in technology consulting for New Zealand’s government and private sectors across various industries. The terms of the transaction were not disclosed.
Solnet’s Integration into Accenture
Solnet, headquartered in Wellington, New Zealand, boasts a team of over 100 technologists who will join Accenture’s expansive network. This acquisition is set to enhance Accenture’s cloud and infrastructure engineering services in New Zealand, offering clients comprehensive technical capabilities to expedite their digital transformation journey.
A Synergistic Combination for Digital Advancement
Andy Tay, the global lead of Accenture Cloud First, commented on the acquisition, “Cloud is the most powerful tool for organizations to scale rapidly and navigate change. Solnet brings its extensive experience and strong client relationships. Accenture brings vast global cloud, data, and AI resources. This is a winning combination for New Zealand organizations to digitize faster and become more resilient.”
Accenture expands cloud and digital transformation capabilities with Solnet acquisition
Enhancing Digital Solutions and Services
Solnet’s expertise includes end-to-end consulting, solutions development, and managed services & operations, supporting long-term client engagements. The company is recognized for its advisory services in strategy development and harnessing new technologies’ potential. Additionally, Solnet is a leader in intelligent automation, offering solutions to streamline and optimize complex business processes.
Accenture’s Commitment to Digital Progress in New Zealand
Peter Burns, who leads Accenture’s business in Australia and New Zealand, emphasized the importance of digital technologies in driving productivity and competitiveness. “Solnet has developed an impressive solution design and delivery skillset in this space, and they have a strong heritage of delivering large-scale projects,” said Burns.
Continued Growth and Client Focus
Mark Botherway, managing director at Solnet, expressed enthusiasm for joining Accenture, noting the global growth opportunities for Solnet’s team. “Joining Accenture now gives our people global growth opportunities to broaden their exposure and career potential. We will continue to offer our clients the personalized experience, quality service, and support they know and expect,” Botherway stated.
The acquisition of Solnet by Accenture signifies a strategic move to strengthen its presence in New Zealand, combining local expertise with global resources to support the digital transformation needs of organizations in the region.