VAR 500 powerhouse Deloitte has acquired Ubermind, a Seattle-based agency focused on mobile application development. The move will help Deloitte focus more attention on industry-specific mobile applications that it can design from the ground up and sell to customers, the company said Wednesday.
"Mobile technologies are rapidly reshaping the nature of business," Janet Foutty, national managing director, technology at Deloitte, said in a statement. "This represents a significant opportunity for companies to develop new interaction models with customers, employees and stakeholders."
Financial terms of the deal were not disclosed. Ubermind has about 200 employees and its major customers include Target and AllRecipes.
Ubermind's technology will factor into Deloitte's lifecycle professional services businesses and overall mobile strategy, Deloitte said, and both Shehryar Khan, Ubermind's CEO, and Donald Brady, Ubermind's co-founder, have joined Deloitte as principals.
Deloitte, ranked No. 13 on UBM Channel's 2011 VAR 500 listing with reported revenue of $4.48 billion in 2010, has made sporadic acquisitions in recent years to expand in growth-rich areas like mobility and business analytics. Its most recent acquisition before Ubermind was Oco, a SaaS business intelligence and analytics vendor that Deloitte bought in May 2011.
