Accenture Completes Acquisition of ARZ’s Workers and Organization Belongings
VIENNA and INNSBRUCK, Austria Dec. 1, 2022 – Accenture (NYSE: ACN) has accomplished its acquisition of the people and enterprise property of Allgemeines Rechenzentrum GmbH (ARZ), a engineering company service provider centered on the banking sector in Austria. Fiscal terms of the transaction, formerly announced on June 1, have been not disclosed.
The acquisition of ARZ’s business capabilities expands Accenture’s cloud-based mostly banking choices, ranging from main banking providers to on line banking, as well as regulatory services for shoppers across Europe. Accenture has also signed a series of agreements to produce know-how services to ARZ’s existing consumers.
“The addition of ARZ supports Accenture’s vision to acquire an impressive cloud-centered banking-as-support platform, leveraging systems from IBM, Microsoft and SAP,” said Roland Smertnig, senior managing director in Accenture’s economic products and services exercise in Europe. “We will build a complete middle of excellence in Innsbruck to help financial institutions move core features to the cloud, permit new company types and reinvent purchaser service and practical experience.”
ARZ’s somewhere around 600 staff members have joined Accenture and will continue on to get the job done in their current locations in Vienna and Innsbruck.
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Accenture Austria
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Michael McGinn
Accenture
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