IT outsourcing major Accenture is set to acquire the industrial and embedded software development and services business of evopro group.
Accenture said the acquisition will help increase its focus on industrial software through process improvement and software development.
Financial details were not disclosed.
In addition, the acquisition will strengthen Accenture’s skills in the industrial software and automation market for industrial companies, and support Accenture’s mobility-driven connected products initiatives. Founded in 2001, evopro group is a privately held company with more than 1,000 employees.
evopro group, a software development and engineering services company headquartered in Budapest with operations in Germany, Hungary, Romania and Turkey, provides services for embedded software used widely in the industrial and medical equipment, automotive, building, logistics and transportation industries.
“This acquisition will strengthen our capabilities in the industrial software solutions market, where we see increased interest from our clients for software development and related IT services,” said Eric Schaeffer, senior managing director with Accenture.
The acquisition will bring together Accenture’s ability to deliver complex global transformation programs through industrialized delivery methods and innovative technologies with evopro group’s software and engineering skills.
This is Accenture’s third acquisition that will enhance its range of capabilities for manufacturing clients. Accenture recently acquired PRION Group and in October announced plans to acquire PCO Innovation, two system integration companies specializing in the delivery of Product Lifecycle Management (PLM) services.