PARIS–(BUSINESS WIRE)–April 4, 2022–
Accenture (NYSE:ACN) has completed the acquisition of AFD.TECH, an independent network services company specializing in network engineering, operations and services. Accenture had announced its intention to acquire AFD.TECH on December 15, 2021. Financial terms of the transaction were not disclosed.
Accenture has completed the acquisition of AFD.TECH. (Photo: BusinessWire)
AFD.TECH’s team of more than 1,600 highly skilled professionals joins Accenture, bringing multidisciplinary expertise in the engineering, design, deployment and operation of next-generation networks, such as 5G and fiber.
The expertise of the AFD.TECH team combined with Accenture’s Cloud First capabilities offers a wide range of proven practices , operational excellence and human ingenuity to help customers drive complete transformation across their various networks.
Accenture is a global professional services company with industry-leading digital, cloud and security capabilities. Combining unparalleled experience and specialist skills in more than 40 industries, we offer strategy and advisory, interactive, technology and operational services, all powered by the world’s largest network of advanced technology and intelligent operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving customers in more than 120 countries. We embrace the power of change to create value and shared success for our customers, employees, shareholders, partners and communities. Visit us at accenture.com.
Forward-looking statements
Except for historical information and discussions contained in this release, statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may”, “will”, “should”, “probable”, “anticipate”, “expect”, “intend”, “plan”, “project”, “believe”, “estimate”, “position “, “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 may be magnified by Russia’s invasion of Ukraine, sanctions (including their duration) and other measures imposed in response to this c conflict, as well as any escalation or expansion of the economic disruption or the current extent of the conflict. These risks include, but are not limited to, the risks that: the transaction will not produce the expected benefits for Accenture; Accenture’s operating results have been, and may in the future, be affected by volatile, adverse or uncertain economic and political conditions and the effects of such conditions on the businesses and business levels of Accenture’s clients. ‘business ; Accenture faces legal, reputational, and financial risks if it fails to protect customer and/or corporate data from security incidents or cyberattacks; Accenture’s business depends on generating and sustaining continued, profitable customer demand for the company’s services and solutions, including adapting and expanding its services and solutions in response to changing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to changes in the technological environment could materially affect the Company’s operating results; if Accenture is unable to match people and skills to client demand worldwide and to attract and retain professionals with strong leadership skills, the company’s business, rate use of the company’s professionals and the results of the company’s operations could be materially affected; the COVID-19 pandemic has impacted Accenture’s business and operations, and the extent to which it will continue to do so and its impact on the company’s future financial results are uncertain; the markets in which Accenture operates are highly competitive and Accenture may not be able to compete effectively; Accenture’s ability to attract and retain businesses and employees may depend on its reputation in the marketplace; if Accenture fails to manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could suffer significantly if the company is unable to obtain favorable prices for its services and solutions, if the company is unable to remain competitive, if its management strategies costs fail or if it experiences delivery inefficiencies or fails to meet certain agreed terms. on specific objectives or service levels; changes in Accenture’s level of taxation, as well as tax audits, investigations and proceedings, or changes in tax laws or their interpretation or application, could have a material adverse effect on the effective tax rate of business, results of operations, cash flows and financial condition. state; Accenture’s results of operations could be materially affected by fluctuations in foreign exchange rates; changes in accounting standards or in estimates and assumptions made by Accenture in preparing its consolidated financial statements could adversely affect its financial results; Accenture may not be able to access additional capital on favorable terms or at all and if the company raises equity, it could dilute its shareholders’ stake in the business; due to Accenture’s geographically diverse business and growth strategy to continue expanding in its key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company may not be able to achieve its business objectives; Accenture may not be successful in acquiring, investing or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially affected if the company incurs legal liability; Accenture’s global operations expose the company to many sometimes conflicting legal and regulatory requirements; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe the intellectual property rights of others or if the company loses its ability to use the intellectual property from others, its activity could be negatively affected; Accenture’s results of operations and share price could be adversely affected if Accenture is unable to maintain effective internal controls; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; and the risks, uncertainties and other factors discussed under “Risk Factors” in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. The statements in this press release speak only as of the date they are made, and Accenture undertakes no obligation to update any forward-looking statements made in this press release or to conform such statements to actual results. actual events or changes in Accenture’s expectations.
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CONTACT: Velislava Le Fevre
INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY NETWORKS DATA MANAGEMENT
Copyright BusinessWire 2022.
PUBLISHED: 04/04/2022 03:59 AM/DISC: 04/04/2022 03:59 AM
