Accenture to acquire Industries eXcellence Group from Engineering Group

M&A · PartnershipProduct / Tech
โดย Business Wire·Read original
Summary · why it matters

Accenture has agreed to acquire Industries eXcellence Group, a division of Engineering Group and a long-standing partner of Siemens Digital Industries. The acquisition will strengthen Accenture’s ability to help manufacturers modernize product development, production and supply chain operations through software, data and AI-enabled technologies. IndX, headquartered in Rome and Chicago, specializes in implementing digital thread solutions for discrete and process manufacturers using Siemens software, and has a team of more than 650 professionals across Italy, the US, India, Germany, other European countries and Mexico. Once completed, IndX’s team and capabilities are expected to support the continued growth of the Accenture Siemens Business Group, a dedicated global practice formed last year. Accenture also plans to establish two new Centers of Excellence for Siemens Digital Industries solutions in Italy and India. Terms of the transaction were not disclosed.

Impact on stocks 3

Artificial Intelligence▲ · 1 stocks
Accenture plc
ACN
▲ PositiveCapitalrelevance

Accenture acquires IndX to strengthen its Siemens-related business, expanding capabilities and team.

Robotics & Physical AI▲ · 1 stocks
Siemens Aktiengesellschaft
SIE
▲ PositiveDemandrelevance

IndX is a Siemens partner; acquisition may increase adoption of Siemens software, benefiting Siemens.

Health Care▲ · 1 stocks

Off-coverage companies 2

Engineering Ingegneria Informatica S.p.A.Private▼ Negative
Capitalrelevance

Engineering Group sells a division (IndX), losing a business unit and associated capabilities.

Industries eXcellence Group (IndX)Private± Mixed
relevance

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