July 09, 2020
Accenture Makes Strategic Investment in Synadia and the NATS.io Open Source Project
NEW YORK and LOS ANGELES; July 9, 2020 – Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Synadia Communications, the company behind the production-proven open source NATS.io project which provides a highly-scalable, secure communications technology for digital systems, services and devices.
As edge computing expands at an unprecedented pace, organizations require a secure, flexible, extensible and future-proof communications capability across cloud, on-premises, web, mobile, and Internet of Things environments. Synadia helps to address these needs with its differentiated Adaptive Edge Architecture.
Synadia’s cloud-native messaging technology, built on top of NATS.io and available to run on all major cloud provider platforms, enables companies to build a new class of edge applications with improved security, latency and ease-of-use over today’s options.
“Enterprise data is increasingly being created at the edge and the ability to securely message across the edge application landscape is critical,” said Sanjeev Vohra, senior managing director, Growth & Strategy, Accenture Technology. “Powered by NATS.io, Synadia provides capabilities we believe will provide value for our clients now and in the future as edge computing accelerates.”
Derek Collison, founder and CEO of Synadia, added, “As organizations continue to push the boundaries of a hyperconnected world, Synadia delivers solutions required to help accelerate business value and growth. Accenture’s investment will enable Synadia to further capitalize on our position as a leader for adaptive edge architectures and modern distributed systems.”
Tom Lounibos, managing director, Accenture Ventures, said, “Our investment in Synadia and the NATS.io ecosystem demonstrates Accenture Ventures’ commitment to discover and curate the next generation of technologies and entrepreneurs that will forever change how the world works, lives and plays. We believe that Synadia offers our enterprise clients a foundational piece of data security and resiliency needed for edge computing."
Synadia is the latest addition to the investment portfolio of Accenture Ventures, which is focused on investing in companies that create or apply disruptive enterprise technologies.
Terms of the equity investment were not disclosed.
About Synadia
A pioneer in modern distributed systems and adaptive edge architectures, Synadia utilizes the NATS.io technology challenging the fundamental way our digital world connects. Synadia maintains and leads the development of NATS.io, a CNCF project, and NGS, a secure and globally available communications platform built on NATS.io. Along with the NGS offering, Synadia also provides Commercial Support, Consulting, NRE, and Training. For more information visit www.synadia.com or connect on LinkedIn and Twitter.
About Accenture
Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. With 513,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com.
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Contacts:
Hannah Unkefer
Accenture
+1 206 839 2172
hannah.m.unkefer@accenture.com
Ginger Collison
Synadia
+1 855 796 2342
ginger@synadia.com
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