Accenture Closes Acquisition of Trivadis
Summary
Accenture (NYSE: ACN) completed the acquisition of Trivadis AG, a Glattbrugg, Switzerland-based IT services provider specializing in platforms and solutions that enable highly automated provisioning and innovative use of data. The terms of the transaction, which Accenture announced on July 1, were not disclosed. Trivadis uses a suite of proprietary accelerators and assets to help companies advance their data platform lifecycles, automate operational tasks in databases, develop data warehouse solutions and accelerate cloud migrations. Trivadis also helps companies to refine business models and use new capabilities such as automation, AI and cloud services to lay a strategic foundation that draws the greatest possible value from data. Its team of more than 700 professionals located across Switzerland, Germany, Austria, Denmark, and Romania joins Accenture’s Data & AI team within the Accenture Cloud First group.