|[August 02, 2021]
Accenture Acquires LEXTA to Expand Capabilities in IT Benchmarking, Sourcing and Advisory
Accenture (News - Alert) (NYSE: ACN) has acquired LEXTA, a consulting firm specialized in IT benchmarking and IT sourcing advisory. Headquartered in Berlin with additional offices in Düsseldorf, London, and Zurich, LEXTA's team of more than 60 professionals joins Accenture's Technology Strategy & Advisory group. LEXTA brings a proven track record in technology consulting services helping clients select the right solutions and vendors for their IT strategy. Terms of the transaction were not disclosed.
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LEXTA is now part of Accenture - With the acquisition Accenture expands its capabilities in IT Benchmarking, Sourcing and Advisory. Welcome on board (Graphic: Business Wire)
Founded in 2003, LEXTA supports clients with in-depth insights on the IT provider market, offering detailed analysis and market comparisons of the quality, scope, processes and efficiency of both vendors and IT departments. LEXTA's benchmarking and advisory services, especially for cloud, platform and application technologies, enable clients to make better, more informed decisions.
"With LEXTA's comprehensive insights, we can better help our clients define the value of technologies such as cloud or platforms even more precisely. Combining LEXTA's data-based analysis capability and Accenture's technology advisory skills, we will further develop our joint IT sourcing and benchmarking advisory offering to ultimately realize new value for our clients," said Frédéric Brunier, Accenture lead for Technology Strategy & Advisory Germany, Austria, Switzerland and Russia.
Working with clients across industries including utilities, logistics and manufacturing, LEXTA creates client value by increasing efficiency and effectiveness of their business and enabling clients to focus on their core operations. LEXTA's capabilities complement Accenture's ZBx agenda, which extends the traditional zero-based budgeting (ZBB) approach to align priorities across the organization, identify cost-saving opportunities and reinvest freed-up funds in technology-enabled business transformation.
Frank Riemensperger, market unit lead for Austria, Switzerland, Germany and Russia, added: "With this acquisition, we are expanding our team of highly skilled professionals who can help shape our clients' transformational journey. LEXTA and Accenture will join forces to give precise insights in the IT provider market and help organizations make better IT strategy decisions. I am delighted to welcome the LEXTA team on board."
"Accenture's global reach and digital expertise will enable us to take our IT advisory offerings to a larger client base across geographies. We are excited to join Accenture's Technology Strategy & Advisory group and support our clients together on their data and tech driven journeys," said Frank Baumann, fonder and managing partner of LEXTA.
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. Visit us at www.accenture.com.
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. 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