ReutersAccenture will be acquiring Imaginea, a cloud and platform engineering company headquartered in Mountain View, California which also has offices in London and throughout India. The company currently advises over 200 global firms on cloud transformations.
The acquisition will add 1,350 cloud professionals to Accenture and will augment its full stack engineering, cloud data and cloud modernisation skills across platforms like Amazon Web Services, Azure and Google Cloud Platform.
A $3 billion investment is planned over the next three years for Accenture's Cloud First group.
“Our unique combination of cloud native and product engineering skills is why clients seek out Imaginea to help them solve complex problems by unlocking the power of new technologies,” said Vijay Pullur, co-founder of Imaginea. “Imaginea is excited to join Accenture in helping companies reimagine business and rebuild differently for the benefit of all — from their customers to our people to society at large.”
Completion of the acquisition is subject to customary closing conditions. Financial terms of the acquisition were not disclosed.
The acquisition will add 1,350 cloud professionals to Accenture and will augment its full stack engineering, cloud data and cloud modernisation skills across platforms like Amazon Web Services, Azure and Google Cloud Platform.
“Imaginea will further enhance the global capabilities of Accenture Cloud First, which was created to help clients across every industry become ‘cloud-first’ businesses,” said Karthik Narain, global lead for Accenture Cloud First. “Cloud is an essential foundation of digital transformation. Leveraging cloud native capabilities helps companies transform experiences, harness advances in technologies like AI, robotics, edge computing and 5G, and break the limits on productivity and innovation to create sustainable value.”
A $3 billion investment is planned over the next three years for Accenture's Cloud First group.
“Our unique combination of cloud native and product engineering skills is why clients seek out Imaginea to help them solve complex problems by unlocking the power of new technologies,” said Vijay Pullur, co-founder of Imaginea. “Imaginea is excited to join Accenture in helping companies reimagine business and rebuild differently for the benefit of all — from their customers to our people to society at large.”
Completion of the acquisition is subject to customary closing conditions. Financial terms of the acquisition were not disclosed.
Discover the stories of your interest
Get Unlimited Access to The Economic Times
