Accenture Acquires IT Consultancy LEXTA For Undisclosed Terms

August 2, 2021 5:52 AM | 1 min read | Make a Comment

Accenture PLC ACN acquired LEXTA, a consulting firm specialized in IT benchmarking and IT sourcing advisory, for undisclosed financial terms.
Headquartered in Berlin with additional offices in Düsseldorf, London, and Zurich, LEXTA's team of over 60 professionals, joins Accenture's Technology Strategy & Advisory group.
Combining LEXTA's data-based analysis capability and Accenture's technology advisory skills will help develop joint IT sourcing and benchmarking advisory offering, said Frédéric Brunier, Accenture's lead for Technology Strategy & Advisory, Germany, Austria, Switzerland, and Russia.
Accenture held $10 billion in cash and equivalents as of May. 31.
Price action: ACN shares closed lower by 0.21% at $317.68 on Friday.

Posted In: M&A News Tech Briefs IT Consultants

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.