July 14, 2021
Accenture to Acquire Wabion to Accelerate Cloud First Strategies with Expanded Google Cloud Capabilities
ESSLINGEN, Germany and OLTEN, Switzerland; July 14, 2021 – Accenture (NYSE: ACN) has agreed to acquire Wabion, a Google Cloud services boutique with headquarters in Esslingen, Germany and Olten, Switzerland as well as additional offices in Munich, Cologne and Lausanne. The team of more than 60 professionals will join Accenture’s Google Cloud Business Group, part of Accenture Cloud First. Terms of the transaction were not disclosed.
As a Google Cloud services provider, Wabion provides a full spectrum of consulting and implementation services for Google Cloud Platform and Google Workspace solution, including integration, development, licensing and training. Founded in 2004, Wabion has worked with established companies and digital natives on their cloud migrations, on cloud native app development to build new cloud-based solutions and on Google Workspace deployments for online collaboration and workforce productivity. Wabion is a Google Cloud Premier partner and well-recognized for its deep expertise of Google Cloud innovations and technological developments.
“Cloud is where all breakthrough technology innovations are happening today and a cloud-first strategy can help any enterprise master change at speed and at scale,” said Karthik Narain, global lead of Accenture Cloud First. “Wabion’s market-leading Google Cloud skills will further strengthen Accenture Cloud First to continue to combine the best of Google human-centric design and innovation with Accenture intelligence.”
Frank Riemensperger, market unit lead for Accenture in Germany, Austria, Switzerland and Russia, said, “Acquiring Wabion strengthens both our global and local Cloud First capabilities, enabling clients throughout our region to create more value and accelerate their digital transformations. The combination of Wabion’s expertise with Accenture’s industry knowledge and end-to-end business transformation experience will help clients within the DACH market tap into local talent in addition to the vast resources of our Accenture Google Cloud Business Group.”
“As part of Accenture Cloud First, we will broaden our impact across new markets and industries by further developing and expanding specialized services for Google products from cloud platforms, data and machine learning to cloud security and cloud automation,” said Volkmar Binder, co-founder and partner at Wabion.
Last year, Accenture announced the creation of Accenture Cloud First, a new multi-service group of 70,000 cloud professionals, as well as a $3 billion investment over three years to rapidly expand its cloud service capabilities and offerings. Accenture Cloud First integrates the company’s wide-ranging cloud expertise to help clients across every industry accelerate their digital transformation and realize greater value at speed and scale by rapidly becoming "cloud-first" businesses.
The acquisition is subject to customary closing conditions.
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 569,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
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. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. 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