Accenture Completes Acquisition of Agilex, Enhancing Digital Capabilities and Agile Delivery for the U.S. Federal Market
March 26 2015 - 4:01PM
Business Wire
Accenture Federal Services (AFS) has completed its acquisition
of Agilex Technologies, Inc. (Agilex), a provider of digital
solutions for the U.S. federal government, enhancing Accenture’s
digital capabilities in analytics, cloud and mobility for federal
agencies.
The acquisition, first announced on February 9, 2015, advances
AFS’s ability to help clients harness the power of emerging digital
technologies and enable rapid, predictable systems deployment for
the federal government’s most complex challenges.
“Digital technologies are fundamentally changing the way that
government organizations operate and interact with citizens,
patients, employees, suppliers, partners and other stakeholders,”
said David Moskovitz, Accenture Federal Services chief executive.
“Combining the Agilex and AFS digital capabilities and agile
methods accelerates our ability to help our federal clients make
the digital transformation journey and improve services and
outcomes.”
Agilex brings to Accenture its unique mission focus and
understanding of IT requirements of federal agencies. The company
currently serves a number of federal departments and independent
agencies, such as the Departments of Veterans Affairs, Homeland
Security and Commerce. Formerly a privately-held company, Agilex
was recently named a 2014 Greater Washington Government Contractor
of the Year.
A U.S. company with offices in Arlington, Va., Accenture Federal
Services is a wholly owned subsidiary of Accenture LLP. Accenture’s
federal business has served every cabinet-level department and 30
of the largest federal organizations with clients at defense,
intelligence, public safety, civilian and military health
organizations.
Learn more about Accenture’s work with federal
agencies, its global defense work, and Delivering Public
Service for the Future.
About Accenture
Accenture (NYSE: ACN) is a global management consulting,
technology services and outsourcing company, with more than 323,000
people serving clients in more than 120 countries. Combining
unparalleled experience, comprehensive capabilities across all
industries and business functions, and extensive research on the
world’s most successful companies, Accenture collaborates with
clients to help them become high-performance businesses and
governments. The company generated net revenues of US$30.0 billion
for the fiscal year ended Aug. 31, 2014. Its home page is
www.accenture.com.
Accenture Digital, comprised of Accenture Analytics,
Accenture Interactive and Accenture Mobility, offers a
comprehensive portfolio of business and technology services across
digital marketing, mobility and analytics. From developing digital
strategies to implementing digital technologies and running digital
processes on their behalf, Accenture Digital helps clients leverage
connected and mobile devices; extract insights from data using
analytics; and enrich end-customer experiences and interactions,
delivering tangible results from the virtual world and driving
growth. Learn more about Accenture Digital at
www.accenture.com/digital.
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. These
include, without limitation, risks that: the transaction might not
achieve the anticipated benefits for the company; the company’s
results of operations could be adversely affected by volatile,
negative or uncertain economic conditions and the effects of these
conditions on the company’s clients’ businesses and levels of
business activity; the company’s business depends on generating and
maintaining ongoing, profitable client demand for the company’s
services and solutions, and a significant reduction in such demand
could materially affect the company’s results of operations; if the
company is unable to keep its supply of skills and resources in
balance 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; the markets in which the company competes are highly
competitive, and the company might not be able to compete
effectively; the company could have liability or the company’s
reputation could be damaged if the company fails to protect client
and/or company data or information systems as obligated by law or
contract or if the company’s information systems are breached; the
company’s results of operations and ability to grow could be
materially negatively affected if the company cannot adapt and
expand its services and solutions in response to ongoing changes in
technology and offerings by new entrants; the company’s results of
operations could materially suffer if the company is not able to
obtain sufficient pricing to enable it to meet its profitability
expectations; if the company does not accurately anticipate the
cost, risk and complexity of performing its work or if the third
parties upon whom it relies do not meet their commitments, then the
company’s contracts could have delivery inefficiencies and be less
profitable than expected or unprofitable; the company’s results of
operations could be materially adversely affected by fluctuations
in foreign currency exchange rates; the company’s profitability
could suffer if its cost-management strategies are unsuccessful,
and the company may not be able to improve its profitability
through improvements to cost-management to the degree it has done
in the past; the company’s business could be materially adversely
affected if the company incurs legal liability; the company’s work
with government clients exposes the company to additional risks
inherent in the government contracting environment; the company
might not be successful at identifying, acquiring or integrating
businesses or entering into joint ventures; the company’s Global
Delivery Network is increasingly concentrated in India and the
Philippines, which may expose it to operational risks; changes in
the company’s level of taxes, as well as audits, investigations and
tax proceedings, or changes in the company’s treatment as an Irish
company, could have a material adverse effect on the company’s
results of operations and financial condition; as a result of the
company’s geographically diverse operations and its growth strategy
to continue geographic expansion, the company is more susceptible
to certain risks; adverse changes to the company’s relationships
with key alliance partners or in the business of its key alliance
partners could adversely affect the company’s results of
operations; the company’s services or solutions could infringe upon
the intellectual property rights of others or the company might
lose its ability to utilize the intellectual property of others; if
the company is unable to protect its intellectual property rights
from unauthorized use or infringement by third parties, its
business could be adversely affected; the company’s ability to
attract and retain business and employees may depend on its
reputation in the marketplace; many of the company’s contracts
include payments that link some of its fees to the attainment of
performance or business targets and/or require the company to meet
specific service levels, which could increase the variability of
the company’s revenues and impact its margins; if the company is
unable to collect its receivables or unbilled services, the
company’s results of operations, financial condition and cash flows
could be adversely affected; if the company is unable to manage the
organizational challenges associated with its size, the company
might be unable to achieve its business objectives; the company’s
share price and results of operations could fluctuate and be
difficult to predict; the company’s results of operations and share
price could be adversely affected if it is unable to maintain
effective internal controls; any changes to the estimates and
assumptions that the company makes in connection with the
preparation of its consolidated financial statements could
adversely affect its financial results; the company 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 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.
Media:AccentureDidi Blackwood, +
1-703-947-5798deirdre.m.blackwood@accenture.comorAgilexJohn Conley,
+ 1-703-889-3934John.conley@agilex.com
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