Acquisition enhances Accenture’s ability to
drive comprehensive transformation across 5G deployment and network
operations
Accenture (NYSE: ACN) has acquired Arca, a Spanish engineering
services company with a focus on network operations and business
services. Its 640 employees will join Accenture in Spain.
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Accenture has acquired Arca. (Photo:
Business Wire)
Arca provides multidisciplinary services for network operations
— including activities to engineer, design, deploy, and manage
telecom infrastructure — supported by an integrated platform that
automates network monitoring, optimizes processes and predicts
system anomalies. The combination of these capabilities with
Accenture’s SynOps platform will advance Accenture’s ability to
help organizations pivot operating models to new sources of
growth.
The acquisition will reinforce Accenture's role as a key partner
for the engineering, design, deployment and operation of network
services —voice, data, video, fixed, mobile, 5G and IoT — for
clients in the telecommunications, industrial, energy and
infrastructure industries, among others. It will also enhance the
company’s network capabilities in Spain and Portugal, offering
clients a comprehensive set of transformation services across 5G
network deployment, engineering, operations and industry
services.
“5G, cloud and edge computing will usher in a new wave of change
and innovation for businesses,” said Domingo Mirón, who leads
Accenture’s business in Iberia. “To realize their full potential,
companies must act now to adopt the right strategy and build new
business solutions enabled by network investments. By harnessing
Arca’s expertise, this acquisition will strengthen our ability to
help clients accelerate their 5G Cloud network transformation from
design through to deployment and operation.”
Manish Sharma, group chief executive of Accenture Operations,
said “The transformation required for industrial sectors to
modernize systems, processes, products and services will only be
possible with deep expertise of the underlying networks that
support these disruptive technologies. Arca’s vast experience with
network services fully complements Accenture’s strategy of driving
shared value with clients through the collaboration of human
ingenuity and digital technology. Together, we will help clients
adapt their operating model, expand the skills of their people and
drive innovation to unlock the full potential of 5G.”
Founded in 1998, Arca has vast experience working with network
operators, telco infrastructure services enterprises and other
large companies to help them transform their business and processes
and implement new communications technologies. Arca also offers
business services such as sales support, analytics, process
assessment, provisioning and service assurance. The company has 14
offices across Spain including Madrid, Valencia, Barcelona,
Sevilla, Vigo and Malaga.
“Our vision at Arca has always been to be a reliable partner on
any type of telecommunications project and differentiate what we do
by innovative processes, deep expertise and unparalleled talent,”
said César Cid, Arca’s CEO. “Joining Accenture will enable us to
advance our successful journey exponentially, especially as we
bring capabilities to a global scale and capitalize on the breadth
and depth of Accenture’s expertise across nearly every industry and
market.”
Terms of the transaction 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,” “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. 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 pandemic; Accenture’s results of operations have
been, and may in the future be, adversely affected by volatile,
negative or uncertain economic and political conditions and the
effects of these conditions on the company’s clients’ businesses
and levels of business activity; Accenture’s business depends on
generating and maintaining ongoing, profitable client demand for
the company’s services and solutions including through the
adaptation and expansion of its services and solutions in response
to ongoing changes in technology and offerings, and a significant
reduction in such demand or an inability to respond to the evolving
technological environment could materially affect the company’s
results of operations; if Accenture 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; Accenture could face legal,
reputational and financial risks if the company fails to protect
client and/or company data from security incidents or cyberattacks;
the markets in which Accenture operates are highly competitive, and
Accenture might not be able to compete effectively; Accenture’s
profitability could materially suffer if the company is unable to
obtain favorable pricing for its services and solutions, if the
company is unable to remain competitive, if its cost-management
strategies are unsuccessful or if it experiences delivery
inefficiencies or fail to satisfy certain agreed-upon targets or
specific service levels; changes in Accenture’s level of taxes, as
well as audits, investigations and tax proceedings, or changes in
tax laws or in their interpretation or enforcement, could have a
material adverse effect on the company’s effective tax rate,
results of operations, cash flows and financial condition;
Accenture’s ability to attract and retain business and employees
may depend on its reputation in the marketplace; as a result of
Accenture’s geographically diverse operations and its growth
strategy to continue to expand in its key markets around the world,
the company is more susceptible to certain risks; Accenture’s
business could be materially adversely affected if the company
incurs legal liability; Accenture’s work with government clients
exposes the company to additional risks inherent in the government
contracting environment; Accenture’s results of operations could be
materially adversely affected by fluctuations in foreign currency
exchange rates; if Accenture is unable to manage the organizational
challenges associated with its size, the company might be unable to
achieve its business objectives; if Accenture does not successfully
manage and develop its relationships with key alliance partners or
fails to anticipate and establish new alliances in new
technologies, the company’s results of operations could be
adversely affected; Accenture might not be successful at acquiring,
investing in or integrating businesses, entering into joint
ventures or divesting businesses; if Accenture is unable to protect
or enforce its intellectual property rights or if Accenture’s
services or solutions infringe upon the intellectual property
rights of others or the company loses its ability to utilize the
intellectual property of others, its business could be adversely
affected; Accenture’s results of operations and share price could
be adversely affected if it is unable to maintain effective
internal controls; changes to accounting standards or in the
estimates and assumptions Accenture makes in connection with the
preparation of its consolidated financial statements could
adversely affect its financial results; 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” heading in Accenture plc’s most
recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q
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.
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Berta Díaz Accenture +691 33 88 89
berta.diaz.olivas@accenture.com Jenn Francis Accenture +1 630 338
6426 jennifer.francis@accenture.com
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