Accenture To Acquire Navisite In Cloud Push
The acquisition will bring 1,500 employees to Accenture, nearly a third of which are cloud engineers.
Accenture will add 1,500 employees, nearly a third of which are cloud engineers, with the planned acquisition of solution and service provider Navisite, announced Wednesday.
The terms of Accenture’s acquisition deal for Andover, Mass.-based Navisite were not disclosed.
In a news release announcing the planned combination, IT consulting giant Accenture, No. 1 on CRN’s Solution Provider 500 for 2023, said the addition of Navisite would further advance its efforts to drive digital transformation with clients — with a focus on cloud.
Of the 1,500 Navisite employees who will join Accenture, more than 400 are cloud engineers, Accenture said in the release.
Navisite brings “deep experience across multiple cloud providers” as well as expertise in enterprise applications and other digital technologies, Accenture said.
The company, which Accenture is planning to acquire from Chicago-headquartered private equity firm Madison Dearborn Partners, specializes in cloud services including planning, migration and optimization across public, private and hybrid cloud deployments.
Other focus areas for Navisite include application services, data analytics, infrastructure services and security services, as well as managed services including managed security services.
In the release, Navisite CEO Mark Clayman called Accenture the “ideal partner” for Navisite’s next chapter of growth.
The deal continues Accenture’s acquisition spree, which included 13 acquisitions just in its most recently closed quarter. The acquisitions, announced during Accenture’s fiscal first quarter of 2024, ended Nov. 30, totaled $788 million