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5 Acquisitions That Accenture’s Made During The Coronavirus Pandemic

Even as global markets have been roiled by the coronavirus pandemic, Accenture has been busy gobbling up companies to expand its market reach and scale with a big focus on industrial customers.

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Stronger Every Day

Accenture CEO Julie Sweet was unabashedly optimistic on March 19 when she said the company would only be moderately affected by lockdowns as a result of the coronavirus pandemic, and it would likely emerge stronger when travel restrictions began to subside.

“Our services are highly relevant to our clients. Our rotation to the new over the last several years, our deep clients’ relationships with the world’s leading companies and our unique business model will enable us to help our clients succeed in this uncertain period and continue to position us strongly for the long-term,” she told investors during the earnings call.

The company – known for its outsized appetite for boutique tech companies and larger – has stayed true to Sweet’s prediction and has not slowed down on the acquisition front, having announced plans to buy, or outright purchased, five companies in the last two months.

Two of the five planned buys are focused on creating stronger offerings, in terms of IoT, systems, and processing for the manufacturing and industrial clients at Accenture Industry X.0., while another is focused on cloud. The only planned acquisition of a U.S. company is in cybersecurity, while the rest are in Europe or Canada.

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