July 31, 2024

Accenture Completes Acquisition of Fibermind to Strengthen Fiber and Mobile 5G Network Services

MILAN, Italy; July 31, 2024 – Accenture (NYSE: ACN) has completed the acquisition of Fibermind, an Italy-based network services company, specializing in fiber and mobile 5G networks deployment.

With this acquisition, previously announced on June 19, 2024, Accenture strengthens its capabilities in telecommunications network engineering services, while providing clients with deep industry knowledge and technology assets powered by automation, robotics, data and AI.

Fibermind, with over 20 years of experience serving public and private sector clients, brings more than 400 highly qualified professionals to Accenture Operations. The acquisition further expands Accenture’s infrastructure engineering scale and capability for 5G and fiber in Europe, aimed at delivering higher quality, greater innovation, and more rigorous cost management to clients across industries.

The terms of the agreement have not been disclosed.

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,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. 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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.

About Accenture
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 750,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

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Contacts:

Samuela Marti
Accenture
+39 329 1595781
samuela.marti@accenture.com

Armando Barone
Accenture
+39 348 5608969
armando.barone@accenture.com

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