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ACCENTURE PLC

(ACN)
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Accenture Acquires Headspring to Expand and Enhance Cloud First Platform Engineering Capabilities

12/01/2021 | 09:14am EST

Accenture (NYSE: ACN) has acquired the consulting practice of Headspring, a cloud native and platform engineering services firm based in Austin, Texas. Headspring provides a broad range of cloud services including platform architecture, engineering, modernization and product management. Headspring’s services and cloud experts will boost Accenture Cloud First’s platform engineering capabilities aimed at helping clients accelerate their transformations and derive greater value from their cloud investments. Terms of the transaction were not disclosed.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211201005668/en/

Accenture Cloud First Head of Platform Engineering Ramadurai Ramalingam and Headspring President, CEO and Founder Dustin Wells (Photo: Business Wire)

Accenture Cloud First Head of Platform Engineering Ramadurai Ramalingam and Headspring President, CEO and Founder Dustin Wells (Photo: Business Wire)

“Accenture’s acquisition of Headspring will help us scale one of the most comprehensive platform engineering and cloud native capabilities in the world. The depth and breadth of Headspring’s cloud-focused services and their significant experience working with Fortune 500 companies over the past two decades will be a valuable addition to our existing cloud engineering capabilities in North America and globally,” said Karthik Narain, global lead of Accenture Cloud First.

Founded in 2001 and with approximately 90 employees in the U.S. and Mexico, Headspring serves public and private sector clients across numerous industries, including energy, financial services, government and nonprofit.

“We’re relentlessly focused on helping clients utilize the cloud to move faster, work better, and stand out in a shifting market. We do this by understanding their teams, goals and vision — that’s the Headspring difference — which aligns perfectly with Accenture’s focus on business outcomes,” said Dustin Wells, founder, president & CEO of Headspring. “Joining the Accenture team will collectively elevate our position as trusted transformation advisors and executers.”

Headspring’s consulting team of highly skilled professionals with accreditations in cloud engineering and cloud native services will join Accenture Cloud First, enhancing Accenture’s platform engineering capabilities in working closely with hyperscalers. Headspring’s broad and comprehensive suite of services includes:

  • Platform Engineering: including end-to-end cloud native platform architecture and development from the foundation to the experience layer
  • Platform Modernization: including re-platforming and cloud migration, code transformation, visual redesign, and integration modernization
  • Platform Architecture: re-architecting platform foundations to support the new platform architecture
  • Product Management: overall assessment and analysis of pain points based on scaled severity, frequency of occurrence, time inefficiency, risk of inaccuracy and technology bottlenecks. Creating product roadmap and requirements for platforms for prioritized outcomes

Headspring has been voted one of the Best Companies to Work for in Texas every year since 2013.

About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 624,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.


ę Business Wire 2021
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Sales 2022 59 950 M - -
Net income 2022 6 813 M - -
Net cash 2022 7 191 M - -
P/E ratio 2022 32,4x
Yield 2022 1,13%
Capitalization 217 B 217 B -
EV / Sales 2022 3,49x
EV / Sales 2023 3,17x
Nbr of Employees 624 000
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