Accenture Completes Acquisition of B2B Sales Firm N3
October 21 2020 - 6:32AM
Business Wire
N3 combines specialized sales talent with
AI-powered insights to deepen B2B sales interactions
Accenture (NYSE: ACN) has completed its acquisition of N3, an
Atlanta-based business-to-business (B2B) sales firm that combines
specialized talent with artificial intelligence (AI) and machine
learning (ML) capabilities to enable smarter, more efficient sales
interactions.
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Accenture completed its acquisition of
N3, an Atlanta-based business-to-business (B2B) sales firm.
(Graphic: Business Wire)
Now part of Accenture Operations, N3’s approximately 2,200
employees have specialized skills across complex areas like cloud,
platforms and 5G networks. The combination of N3’s cloud-based
AI/ML technology with Accenture’s SynOps platform will give
Accenture the ability to aggregate millions of interaction points
into actionable insights to help clients drive sales growth.
“Bringing N3 into the Accenture family will better enable us to
help companies influence purchasing decisions at critical stages,”
said Manish Sharma, group chief executive of Accenture Operations.
“Together, our real-time insights will augment decision-making,
deepen sales interactions and help our clients achieve sustainable
growth. We are excited about the potential of what Accenture and N3
can achieve together.”
Founded in 2004, N3 serves many of the world’s leading brands,
including Cisco, Microsoft and SAP. The company has locations
across five continents, including in Brazil, Costa Rica, India,
Ireland, Germany, Japan, Singapore, Spain, the U.K. and the
U.S.
Terms of the transaction, which Accenture announced on Sept. 22,
were not disclosed.
About Accenture Accenture is a global professional
services company with leading capabilities in digital, cloud and
security. Combining unmatched experience and specialized skills
across more than 40 industries, we offer Strategy and Consulting,
Interactive, Technology and Operations services—all powered by the
world’s largest network of Advanced Technology and Intelligent
Operations centers. Our 506,000 people deliver on the promise of
technology and human ingenuity every day, serving clients in more
than 120 countries. We embrace the power of change to create value
and shared success for our clients, people, shareholders, partners
and communities. 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,”
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“positioned,” “outlook” and similar expressions are used to
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have been significantly adversely affected and could in the future
be materially adversely impacted by the COVID-19 pandemic” under
Item 1A, “Risk Factors” in Accenture plc’s Quarterly Report on Form
10-Q for the quarterly period ended May 31, 2020. Many of the
following risks, uncertainties and other factors identified below
are, and will be, amplified by the COVID-19 pandemic. These risks
include, without limitation, risks that: the transaction might not
achieve the anticipated benefits for Accenture; Accenture’s results
of operations have been significantly adversely affected and could
in the future be materially adversely impacted by the COVID-19
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many of Accenture’s contracts include fees subject to the
attainment of targets or specific service levels, which could
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margins; Accenture might be unable to access additional capital on
favorable terms or at all and if the company raises equity capital,
it may dilute its shareholders’ ownership interest in the company;
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”
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version on businesswire.com: https://www.businesswire.com/news/home/20201021005271/en/
Jenn Francis Accenture +1 312 693 4411
jennifer.francis@accenture.com
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