Accenture has expanded its SAP and supply chain capabilities with the acquisition of Camelot Management Consultants, a SAP-focused management and technology consulting firm based in Germany. In a press release on Monday, the global professional services firm said customers will benefit from Camelot’s analytics, data strategy and modernization expertise at a time when more organizations...
Hello, Guest!
Tag: M&A activity
Post
Safran Bids to Purchase Preligens to Boost AI Capabilities; Olivier Andries Quoted
Safran is negotiating to fully acquire Preligens, a geospatial company focused on artificial intelligence for defense and aerospace, for $236.2 million. Established in 2016, the Paris-based Preligens generated $30 million in sales in 2023. The company has about 220 employees, with 140 engineers assigned to research and development. Its product portfolio delivers high-end imagery, video...
Post
Accenture Closes Deal to Acquire Japan-Based System Integrator Climb
Accenture has completed its acquisition of Climb, a Japanese company that provides system integration and IT infrastructure management services to global organizations. With the completion of the deal, Accenture absorbed 230 personnel, the majority of whom are engineers trained in cloud and security technologies and application management services. The company said Climb’s core capabilities will...
Post
Airbus Beefs Up Cybersecurity Business With infodas Acquisition
Airbus Defence and Space has announced plans to purchase German cybersecurity company Infodas to boost its cybersecurity services in the European and global markets. The rapid rise in cyberthreats coupled with increased digitalization and connectivity have made cybersecurity pivotal to the company’s future growth, the company said. In a separate statement, the shareholders of Cologne-based...
Post
Rheinmetall Expands Portfolio to Autonomous Light Hybrid Vehicles With Dutch Startup Acquisition
German automotive and arms manufacturer Rheinmetall announced that its Dutch subsidiary, Rheinmetall Defence Nederland, has acquired the startup REEQ, a manufacturer of lightweight tactical vehicles, for an undisclosed amount. The acquisition expands the Rheinmetall Vehicle System Division’s portfolio to hybrid technology, with the REEQ military vehicles’ fully electric drive train drawing power from a mobile...
Post
CGI Expands in Florida Growth Market With Acquisition of Momentum Consulting
CGI announced on Wednesday that it has acquired information technology firm Momentum Consulting. Miami-based Momentum, which provides digital transformation, data analytics and managed services, adds to CGI’s Florida business presence, which already includes the cities of Melbourne, Orange Park and Tampa. Tim Hurlebaus, president of U.S. commercial and state government operations at CGI, noted that the two...
Post
Accenture Acquires UK Government Digital Transformation Firm 6point6
Accenture has agreed to acquire technology consultancy firm 6point6. The acquisition, once completed, will expand Accenture’s presence and capability to support customers in the United Kingdom. Terms of the deal were not disclosed. London-headquartered 6point6 was founded in 2012. It offers digital transformation, cybersecurity and data services to the U.K. central government. Among its major...
Post
Thales Acquires California-Based Cybersecurity Company Imperva for $3.6B
Thales has completed the acquisition of Imperva, a California-based cybersecurity company, for approximately $3.6 billion. The French aerospace, defense and security company reached an agreement to make the purchase from software investment firm Thoma Bravo in July, a transaction that was initially expected to end in the first quarter of 2024. The addition of Imperva expands Thales’ cybersecurity portfolio....
Post
Xalles Advances Security Business With UK Defense Tech Firm Artemis Acquisition
Washington, D.C.-based fintech company Xalles Holdings has acquired U.K. firm Artemis Defense Technologies focused on unmanned systems and artificial intelligence solutions. It said Artemis is already operating as its fully integrated subsidiary and the first unit of the newly formed Xalles Security business group. According to Xalles, Artemis is geared to expand its U.S. footprint,...
Post
Accenture Expands Cybersecurity Capabilities With 6point6 Acquisition
Accenture further expanded its footprint in cybersecurity following the completed acquisition of the U.K. technology consultancy 6point6, which specializes in cyber, cloud and data solutions. The newly acquired company, which operates from London and Manchester, brings in about 400 technologists to service clients’ needs, Accenture said in announcing the finalized deal on Wednesday. It did...