Accenture Completes Acquisition of CAS Computer Anwendungs- und Systemberatung AG
NEW YORK; Jan. 10, 2011 - Accenture (NYSE: ACN) has completed its acquisition of CAS Computer Anwendungs- und Systemberatung AG (CAS), based in Kaiserslautern, Germany. CAS is a leading international provider of customer relationship management (CRM) and mobility software focused on retail execution and trade promotions for the consumer products industry.
Approximately 234 CAS employees based in Germany, the United Kingdom, United States and Australia are joining Accenture as a result of the acquisition.
CAS will become a part of Accenture’s dedicated software business. Accenture plans to increase the functionality of the software into areas such as digital merchandising, distributors’ management and analytics, and will focus on expanding in Latin America, China and India.
“By acquiring CAS and its leading software solutions, we’ll help our clients serve customers and consumers better by drawing on our leading technology, industry expertise and wide-ranging analytics capabilities,” said Fabio Vacirca, who leads Accenture’s Consumer Goods & Services industry practice in Europe and Latin America. “We are building an even stronger capability to help our clients win at the ‘store shelf’, strengthen the consumer shopping experience and positively impact sales.”
Accenture is a global management consulting, technology services and outsourcing company, with approximately 211,000 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$21.6 billion for the fiscal year ended Aug. 31, 2010. Its home page is www.accenture.com.
Accenture Software combines deep technology acumen with industry knowledge to develop differentiated software products. It offers innovative software-based solutions to enable organizations to meet their business goals and achieve high performance. Its home page is www.accenture.com/software.
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