Accenture announced it has agreed to acquire Fibermind, an Italy-based network services company, specializing in fiber and mobile 5G networks deployment, as well as infrastructure engineering services. “The acquisition will strengthen Accenture’s capabilities in the domain and extend network services to clients across multiple industries, including telecommunications, utilities, and transportation.. Together, Accenture and Fibermind will offer clients network engineering capabilities, deep industry knowledge, and technology assets powered by automation, robotics, data and AI,” the company stated. Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions, including required antitrust clearances.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACN:
- Accenture price target lowered to $350 from $398 at Mizuho
- ACN Upcoming Earnings Report: What to Expect?
- L3Harris, Accenture collaborate to accelerate technology reinvention
- Options Volatility and Implied Earnings Moves This Week, June 17 – June 21, 2024
- Accenture price target lowered to $350 from $390 at Barclays
Questions or Comments about the article? Write to editor@tipranks.com