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Accenture Completes Acquisition of ARZ’s Personnel and Company Belongings

Accenture Completes Acquisition of ARZ’s Staff and Company Assets

 
VIENNA and INNSBRUCK, Austria Dec. 1, 2022 – Accenture (NYSE: ACN) has completed its acquisition of the men and women and enterprise property of Allgemeines Rechenzentrum GmbH (ARZ), a technological know-how service service provider focused on the banking sector in Austria.  Financial conditions of the transaction, beforehand announced on June 1, ended up not disclosed.
 
The acquisition of ARZ’s small business abilities expands Accenture’s cloud-based banking offerings, ranging from core banking expert services to on the web banking, as very well as regulatory companies for customers throughout Europe. Accenture has also signed a sequence of agreements to deliver engineering solutions to ARZ’s present consumers.
 

“The addition of ARZ supports Accenture’s vision to develop an modern cloud-dependent banking-as-support platform, leveraging technologies from IBM, Microsoft and SAP,” said Roland Smertnig, senior running director in Accenture’s money providers exercise in Europe.  “We will build a in depth middle of excellence in Innsbruck to enable financial institutions transfer main capabilities to the cloud, enable new small business styles and reinvent purchaser company and practical experience.”
 
ARZ’s roughly 600 workers have joined Accenture and will carry on to work in their present destinations in Vienna and Innsbruck.    
 
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Besides for the historic facts and discussions contained herein, statements in this information release might represent forward-hunting statements in the meaning of the Private Securities Litigation Reform Act of 1995. Terms this kind of as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and related expressions are utilized to discover these ahead-looking statements. These statements require a selection of pitfalls, uncertainties and other components that could trigger genuine results to vary materially from those expressed or implied. 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Statements in this information launch discuss only as of the day they were created, and Accenture undertakes no obligation to update any forward-looking statements built in this information release or to conform such statements to precise outcomes or improvements in Accenture’s anticipations.
 
About Accenture 
Accenture is a international qualified providers business with foremost capabilities in digital, cloud and stability. Combining unmatched practical experience and specialized competencies throughout more than 40 industries, we give System and Consulting, Technologies and Operations expert services and Accenture Tune — all powered by the world’s most significant network of Sophisticated Technological innovation and Clever Functions centers. Our 721,000 individuals supply on the promise of technology and human ingenuity every single day, serving clientele in much more than 120 countries. We embrace the electrical power of modify to create price and shared results for our purchasers, folks, shareholders, partners and communities. Pay a visit to us at accenture.com
 

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Contacts: 
 
Peter Auer
Accenture Austria
+43 676872033142
[email protected]
 
Michael McGinn
Accenture
+1 312 693 5707
[email protected]
 
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