Acquisition to further expand Accenture
Interactive’s customer experiences capabilities to help brands win
and retain customers
Accenture (NYSE: ACN) has entered into exclusive negotiations to
acquire Altima, a full-service digital commerce agency,
headquartered in France and with offices in China, Canada and the
United States. The acquisition would boost Accenture Interactive’s
capabilities in France and other key markets to help brands attract
consumers and turn them into loyal customers with differentiated
and compelling digital experiences.
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the full release here:
http://www.businesswire.com/news/home/20171017005217/en/
Altima creates and adapts experiences for
eCommerce, mobile and in-store commerce. Learn more at
altima-agency.com and vimeo.com/altima. (Photo: Business Wire)
The acquisition requires prior consultation with the relevant
works councils and would be subject to customary closing
conditions. Financial terms of the transaction are not being
disclosed.
Altima creates and adapts experiences for eCommerce, mobile and
in-store commerce. Its work for prestigious French and global
brands has been recognized with numerous awards, most recently the
2016 Trophées E-Commerce in the user experience design category and
a 2016 W3 Award for design and user experience. Altima’s offering
spans experience strategy, user experience design, digital
marketing services and multichannel commerce platform
implementation.
“Experiences are where brands win and lose customers, today more
than ever,” said Anatoly Roytman, head of Accenture Interactive
Europe, Africa, Middle East, and Latin America and global digital
commerce lead for Accenture. ”Adding Altima’s skills to Accenture
Interactive will help in our mission to create the best experiences
on the planet for clients.”
“France is home to many of the world’s most exciting and
successful brands,” said Christian Nibourel, country managing
director for Accenture in France and Benelux. “At the same time,
it’s a market where many international brands are trying to gain
market share. The acquisition of Altima would put Accenture
Interactive in France in an excellent position to help businesses
innovate the digital experiences and expand their footprint,
locally and internationally.”
“Altima and Accenture Interactive share the same culture of
innovation and passion for designing the future of commerce,” said
Arnaud Monnier, CEO of Altima. “We are excited to join forces with
the world's largest digital network. The global scale of Accenture
Interactive would provide a unique opportunity for us to bring our
work for clients to a new level, and offer new career opportunities
to our people.”
Founded in 1997, Altima has a team of 370 people working from
offices in Roubaix, Paris and Lyon (France), Montréal (Canada),
Beijing, Shanghai and Hong Kong (China), and New York (U.S.).
In France, the Altima team would enable Accenture Interactive to
better help companies grow their customer experience offering and
expand into other markets. In China, it would boost Accenture
Interactive’s services in commerce and content, which are critical
areas for Chinese companies. In Canada, Altima recently merged its
team with Montréal-based web marketing agency Konversion. The joint
team will strengthen the Accenture Interactive end-to-end digital
marketing services available to Canadian clients, in both English
and French.
Once completed, Altima would be the seventeenth acquisition
Accenture Interactive has made since 2013. Recent acquisitions
include MATTER, a design and innovation firm, Wire Stone, a
creative marketing agency, Clearhead, a digital optimization
company, and Media Hive, an e-commerce solutions specializing in
Salesforce Commerce Cloud implementation (all US). Other
acquisitions in 2016 and 2017 include creative agencies The
Monkeys/Maud (Australia) and Karmarama (UK),
communications agency Kunstmaan (Belgium), and digital
agency SinnerSchrader (Germany).
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With approximately
425,000 people serving clients in more than 120 countries,
Accenture drives innovation to improve the way the world works and
lives. Visit us at www.accenture.com.
Accenture Interactive helps the world’s leading brands transform
their customer experiences across the entire customer journey.
Through our connected offerings in design, marketing, content and
commerce, we create new ways to win in today’s experience-led
economy. Accenture Interactive is ranked the world’s largest
digital agency in the latest Ad Age Agency Report. To learn more,
follow us @accentureACTIVE and
visit www.accentureinteractive.com.
Forward-Looking Statements
Except for the historical information and discussions contained
herein, statements in this news release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as “may,”
“will,” “should,” “likely,” “anticipates,” “expects,” “intends,”
“plans,” “projects,” “believes,” “estimates,” “positioned,”
“outlook” and similar expressions are used to identify these
forward-looking statements. These statements involve a number of
risks, uncertainties and other factors that could cause actual
results to differ materially from those expressed or implied. These
include, without limitation, risks that: Accenture and Altima will
not be able to close the transaction in the time period
anticipated, or at all, which is dependent on the parties’ ability
to satisfy certain closing conditions; the transaction might not
achieve the anticipated benefits for Accenture; Accenture’s results
of operations could be adversely affected by volatile, negative or
uncertain economic conditions and the effects of these conditions
on the company’s clients’ businesses and levels of business
activity; Accenture’s business depends on generating and
maintaining ongoing, profitable client demand for the company’s
services and solutions including through the adaptation and
expansion of its services and solutions in response to ongoing
changes in technology and offerings, and a significant reduction in
such demand or an inability to respond to the changing
technological environment could materially affect the company’s
results of operations; if Accenture is unable to keep its supply of
skills and resources in balance with client demand around the world
and attract and retain professionals with strong leadership skills,
the company’s business, the utilization rate of the company’s
professionals and the company’s results of operations may be
materially adversely affected; the markets in which Accenture
competes are highly competitive, and Accenture might not be able to
compete effectively; Accenture could have liability or Accenture’s
reputation could be damaged if the company fails to protect client
and/or company data from security breaches or cyberattacks;
Accenture’s profitability could materially suffer if the company is
unable to obtain favorable pricing for its services and solutions,
if the company is unable to remain competitive, if its
cost-management strategies are unsuccessful or if it experiences
delivery inefficiencies; changes in Accenture’s level of taxes, as
well as audits, investigations and tax proceedings, or changes in
tax laws or in their interpretation or enforcement, could have a
material adverse effect on the company’s effective tax rate,
results of operations, cash flows and financial condition;
Accenture’s results of operations could be materially adversely
affected by fluctuations in foreign currency exchange rates;
Accenture’s business could be materially adversely affected if the
company incurs legal liability; Accenture’s work with government
clients exposes the company to additional risks inherent in the
government contracting environment; Accenture might not be
successful at identifying, acquiring, investing in or integrating
businesses, entering into joint ventures or divesting businesses;
Accenture’s Global Delivery Network is increasingly concentrated in
India and the Philippines, which may expose it to operational
risks; as a result of Accenture’s geographically diverse operations
and its growth strategy to continue geographic expansion, the
company is more susceptible to certain risks; adverse changes to
Accenture’s relationships with key alliance partners or in the
business of its key alliance partners could adversely affect the
company’s results of operations; Accenture’s services or solutions
could infringe upon the intellectual property rights of others or
the company might lose its ability to utilize the intellectual
property of others; if Accenture is unable to protect its
intellectual property rights from unauthorized use or infringement
by third parties, its business could be adversely affected;
Accenture’s ability to attract and retain business and employees
may depend on its reputation in the marketplace; if Accenture is
unable to manage the organizational challenges associated with its
size, the company might be unable to achieve its business
objectives; any changes to the estimates and assumptions that
Accenture makes in connection with the preparation of its
consolidated financial statements could adversely affect its
financial results; many of Accenture’s contracts include payments
that link some of its fees to the attainment of performance or
business targets and/or require the company to meet specific
service levels, which could increase the variability of the
company’s revenues and impact its margins; Accenture’s results of
operations and share price could be adversely affected if it is
unable to maintain effective internal controls; Accenture may be
subject to criticism and negative publicity related to its
incorporation in Ireland; as well as the risks, uncertainties and
other factors discussed under the “Risk Factors” heading in
Accenture plc’s most recent annual report on Form 10-K and other
documents filed with or furnished to the Securities and Exchange
Commission. Statements in this news release speak only as of the
date they were made, and Accenture undertakes no duty to update any
forward-looking statements made in this news release or to conform
such statements to actual results or changes in Accenture’s
expectations.
# # #
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version on businesswire.com: http://www.businesswire.com/news/home/20171017005217/en/
AccentureJens R. Derksen, +49 175 57
61393jens.derksen@accenture.comorAccentureClémence Caradec, +33 1
53 23 55 23clemence.caradec@accenture.com
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