July 28, 2016
Accenture Acquires Tecnilógica to Scale Its Open Source Digital Skills in Spain
Acquisition expands Accenture Digital capabilities to meet growing demand for rapid delivery of innovative digital products, services and new customer experiences
MADRID, Spain; July 28, 2016 – Accenture (NYSE:ACN) has acquired Tecnilógica, a Spanish company specializing in the use of emerging and open source technologies to build innovative omni-channel experiences for a wide range of mobile, web, touchscreens, wearables and IoT enabled devices.
Tecnilógica is headquartered in Madrid, Spain and has more than 70 employees. Working with clients ranging from large multinational companies to start-up companies, Tecnilógica helps build new technology solutions to support innovative digital products and services delivered through digital and physical channels. Terms of the acquisition were not disclosed.
“Tecnilógica features a team of talented individuals who specialize in using the latest open source technologies to deliver multi-device digital solutions to clients at incredible speed, driven by a design culture that fosters creativity and innovation. This is a unique combination that is difficult to find in the digital IT landscape,” said Jose Luis Sancho, Accenture Digital lead for Iberia. “By combining their capabilities with the unique design skills of Fjord, design and innovation from Accenture Interactive, we can help our clients in Spain and the rest of Europe take advantage of an end-to-end digital technology value chain – from ideation to operation.”
“We’ve been delivering innovative and accelerated solutions to clients for over a decade, often co-locating in a studio environment to get the best results in the most efficient way,” said Jorge Gutiérrez, CEO, Tecnilógica. “We pride ourselves on building truly innovative technological solutions for digital interfaces and devices, bringing ideas from the imagination of marketing teams to life on digital screens of all shapes and sizes. We look forward to joining Accenture Digital to help even more organizations provide the very best digital transformations for their customers.”
“The adoption of open source technologies in the corporate world is key to progressing new business models that deliver greater agility, flexibility and collaboration, and ultimately helping to drive digital transformation,” said Juan Pedro Moreno, Country Managing Director of Accenture Iberia. “Through this acquisition of Tecnilógica and along with our other recent acquisition of digital services company MOBGEN, we are expanding our ideation, incubation and concept proofing capabilities. This is just the latest example of how Accenture is adding more capabilities and talent to lead in New IT.”
The acquisition of Tecnilógica not only adds a group of highly talented IT professionals but also brings digital signage capabilities to the Accenture Digital team in Spain. Supported by a proprietary digital content management and distribution architecture, any connected screen can become a communication channel capable of interacting with its surroundings, according to business-oriented and analytics-enabled rules. As the Internet of Things grows, this will become an increasingly important tool in the digital marketer’s arsenal, enabling content to interact with multiple users at any given time.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 375,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at 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. To learn more about Accenture Digital, follow us @AccentureDigi and visit www.accenture.com/digital.
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, entering into joint ventures or divesting businesses; 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; if the company is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; 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; 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; the company’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; 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.
# # #
José Luis Sánchez
+ 34 91 5966585