Accenture Completes Acquisition of ARZ’s Staff members and Business enterprise Property
VIENNA and INNSBRUCK, Austria Dec. 1, 2022 – Accenture (NYSE: ACN) has finished its acquisition of the folks and enterprise property of Allgemeines Rechenzentrum GmbH (ARZ), a technologies support company concentrated on the banking sector in Austria. Fiscal conditions of the transaction, formerly announced on June 1, were being not disclosed.
The acquisition of ARZ’s business enterprise abilities expands Accenture’s cloud-centered banking offerings, ranging from main banking expert services to online banking, as well as regulatory products and services for purchasers across Europe. Accenture has also signed a collection of agreements to deliver technologies services to ARZ’s existing prospects.
“The addition of ARZ supports Accenture’s eyesight to acquire an modern cloud-dependent banking-as-service platform, leveraging technologies from IBM, Microsoft and SAP,” mentioned Roland Smertnig, senior taking care of director in Accenture’s money providers observe in Europe. “We will establish a complete centre of excellence in Innsbruck to aid banking institutions go core functions to the cloud, enable new organization designs and reinvent buyer service and experience.”
ARZ’s approximately 600 staff have joined Accenture and will carry on to perform in their present locations in Vienna and Innsbruck.
Ahead-On the lookout Statements
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