Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

ACCENTURE PLC

(ACN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Accenture : Completes Acquisition of Open minded

07/22/2021 | 06:32am EDT

PARIS - Accenture (NYSE: ACN) has completed its acquisition of Openminded, a France-based cyber security services company.

Accenture announced its intent to acquire Openminded on April 29, 2021. Financial terms of the transaction were not disclosed.

Openminded provides advisory, cloud & infrastructure security, cyber defense, and managed security services. Powered by a security operations center, the company helps clients anticipate and reduce cybersecurity risks, rapidly detect and respond to cyber incidents, and implement best practices in regulatory compliance.

The acquisition adds approximately 100 highly skilled cybersecurity professionals to Accenture Security's workforce of more than 8,000 professionals globally, extending Accenture's cybersecurity presence and capabilities in France and in Europe.

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 569,000 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.

Accenture Security is a leading provider of end-to-end cybersecurity services, including advanced cyber defense, applied cybersecurity solutions and managed security operations. We bring security innovation, coupled with global scale and a worldwide delivery capability through our network of Advanced Technology and Intelligent Operations centers. Helped by our team of highly skilled professionals, we enable clients to innovate safely, build cyber resilience and grow with confidence.

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. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture's results of operations have been significantly adversely affected and could in the future be materially adversely impacted by the COVID-19 pandemic; Accenture's results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political 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 evolving 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; Accenture could face legal, reputational and financial risks if the company fails to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; 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 or fail to satisfy certain agreed-upon targets or specific service levels; 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 ability to attract and retain business and employees may depend on its reputation in the marketplace; as a result of Accenture's geographically diverse operations and its growth strategy to continue to expand in its key markets around the world, the company is more susceptible to certain risks; 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's results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; if Accenture does not successfully manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company's results of operations could be adversely affected; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture's services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture's results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; Accenture might be unable to access additional capital on favorable terms or at all and if the company raises equity capital, it may dilute its shareholders' ownership interest in the company; 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.

Contact:

Velislava Le Fevre

Tel: +33 1 53 23 46 18

Email: velislava.lefevre@accenture.com

(C) 2021 Electronic News Publishing, source ENP Newswire

All news about ACCENTURE PLC
11:49aMastercard Partners With Accenture, Salesforce to Analyze Supplier Emissions ..
MT
08:00aACCENTURE : and Salesforce Team Up with Mastercard to Deepen its Sustainability ..
BU
04:51aBanks beware, outsiders are cracking the code for finance
RE
02:22aMARTIN SORRELL : Martin Sorrell's S4 Capital acquires tech services group Zemoga
RE
09/16ACCENTURE : Deutsche Bank Adjusts Accenture PT to $395 From $310, Maintains Buy ..
MT
09/16Arvest Bank Collaborates with Tech Leaders Thought Machine and Accenture for ..
CI
09/16ACCENTURE : Former ODNI Principal Deputy Director of National Intelligence, Step..
AQ
09/15ACCENTURE : Former ODNI Principal Deputy Director of National Intelligence, Step..
BU
09/15ACCENTURE : Canadian Organizations That Migrate to Cloud Primarily as a One-Time..
AQ
09/14ACCENTURE : Teams With IonQ to Boost Adoption of Quantum Computing in Businesses
MT
More news
Analyst Recommendations on ACCENTURE PLC
More recommendations
Financials (USD)
Sales 2021 50 539 M - -
Net income 2021 5 888 M - -
Net cash 2021 8 546 M - -
P/E ratio 2021 36,9x
Yield 2021 1,05%
Capitalization 213 B 213 B -
EV / Sales 2021 4,04x
EV / Sales 2022 3,64x
Nbr of Employees 506 000
Free-Float 100%
Chart ACCENTURE PLC
Duration : Period :
Accenture plc Technical Analysis Chart | ACN | IE00B4BNMY34 | MarketScreener
Technical analysis trends ACCENTURE PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 335,40 $
Average target price 338,29 $
Spread / Average Target 0,86%
EPS Revisions
Managers and Directors
Julie Spellman Sweet Chairman & Chief Executive Officer
KC McClure Chief Financial Officer
Paul R. Daugherty Group Chief Executive Officer-Technology Division
Penelope Prett Chief Information Officer
Johan G. Deblaere COO & Chief Executive-Europe
Sector and Competitors
1st jan.Capi. (M$)
ACCENTURE PLC28.40%217 021
TATA CONSULTANCY SERVICES LTD.36.35%196 177
INTERNATIONAL BUSINESS MACHINES CORPORATION8.99%122 285
SNOWFLAKE INC.14.71%97 347
INFOSYS LIMITED35.55%96 916
AUTOMATIC DATA PROCESSING, INC.13.80%83 939