Accenture (NYSE: ACN) has agreed to acquire Objectivity, a digital engineering firm specializing in cloud and platform development services that help clients accelerate their transformation journey for rapid innovation. Terms of the transaction were not disclosed.
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Accenture has agreed to acquire Objectivity, a digital engineering firm specializing in cloud and platform development services that help clients accelerate their transformation journey for rapid innovation. (Photo: Business Wire)
With headquarters in Coventry, UK, Objectivity’s highly-skilled team will join Accenture, bringing additional scale and resources from Objectivity’s operations in the UK, Poland, Germany and Mauritius. Objectivity's extensive experience in platform engineering, cloud native computing and application modernization will bolster Accenture’s Cloud First capabilities to help clients tap into more open and adaptable platform models and services in order to accelerate their digital transformation.
“A new wave of platform engineering is creating opportunities for companies to accelerate reinvention and value creation. With a strong digital core powered by cloud, organizations can continuously adapt to industry dynamics, using platforms to reimagine value chains and embrace new business models,” said Karthik Narain, global lead for Accenture Cloud First. “Objectivity’s strong engineering culture and delivery experience will help our clients pivot and launch new products quickly and efficiently.”
“The world is undergoing massive changes, which requires organizations to continuously reinvent themselves to drive value. The breadth and depth of Objectivity’s engineering assets and talent will bolster our European platform engineering capabilities, providing our clients with the agility they need to redefine their businesses and industries,” said Jean-Marc Ollagnier, CEO of Accenture for Europe.
Rob Helle, founder of Objectivity, said, “For more than 30 years, Objectivity has provided innovative thinking to create the most fit-for-purpose digital solutions. Our values-driven culture allowed us to successfully become an international, virtual organisation, where clients and employees have been continuously growing together. Joining the Accenture team will enable us to achieve more because we will be stronger together with Accenture.”
In 2023, market research firm Everest Group positioned Accenture as a Leader for Software Product & Platform Engineering Services.
Completion of the acquisition is subject to customary closing conditions.
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