April 04, 2022
Accenture Completes Acquisition of AFD.TECH
PARIS; April 1, 2022 – Accenture (NYSE: ACN) has finished its acquisition of AFD.TECH, an impartial community services and products corporate that specialize in community engineering, operations and services and products. Accenture had introduced its intent to procure AFD.TECH on December 15, 2021. Monetary phrases of the transaction weren’t disclosed.
AFD.TECH’s group of greater than 1,600 extremely professional pros joins Accenture, bringing multidisciplinary experience throughout engineering, design, deployment and operation of subsequent era networks, reminiscent of 5G and fiber.
The experience of AFD.TECH’s group mixed with Accenture’s Cloud First features supplies a vast spectrum of confirmed practices, operational excellence and human ingenuity to assist shoppers pressure complete transformation throughout their more than a few networks.
Accenture is a world skilled services and products corporate with main features in virtual, cloud and safety. Combining unequalled revel in and specialised talents throughout greater than 40 industries, we provide Technique and Consulting, Interactive, Generation and Operations services and products — all powered through the arena’s greatest community of Complex Generation and Clever Operations facilities. Our 699,000 other folks ship at the promise of era and human ingenuity each day, serving shoppers in additional than 120 international locations. We include the ability of exchange to create price and shared good fortune for our shoppers, other folks, shareholders, companions and communities. Seek advice from us at accenture.com.
Ahead-Taking a look Statements
Apart from for the historic data and discussions contained herein, statements on this information unlock would possibly represent forward-looking statements throughout the which means of the Personal Securities Litigation Reform Act of 1995. Phrases reminiscent of “would possibly,” “will,” “must,” “most likely,” “anticipates,” “expects,” “intends,” “plans,” “initiatives,” “believes,” “estimates,” “situated,” “outlook” and an identical expressions are used to spot those forward-looking statements. Those statements contain a lot of dangers, uncertainties and different components that would purpose exact effects to fluctuate materially from the ones expressed or implied. Most of the following dangers, uncertainties and different components known underneath is also amplified through the invasion of Ukraine through Russia, the sanctions (together with their length), and different measures being imposed in accordance with this war, in addition to any escalation or enlargement of monetary disruption or the war’s present scope. Those dangers come with, with out limitation, dangers that: the transaction may now not reach the predicted advantages for Accenture; Accenture’s result of operations had been, and would possibly one day be, adversely suffering from risky, adverse or unsure financial and political stipulations and the consequences of those stipulations at the corporate’s shoppers’ companies and ranges of commercial process; Accenture faces felony, reputational and monetary dangers from any failure to offer protection to consumer and/or corporate information from safety incidents or cyberattacks; Accenture’s trade will depend on producing and keeping up ongoing, winning consumer call for for the corporate’s services and products and answers together with during the adaptation and enlargement of its services and products and answers in accordance with ongoing adjustments in era and choices, and a vital relief in such call for or an incapacity to reply to the evolving technological setting may just materially impact the corporate’s result of operations; if Accenture is not able to compare other folks and abilities with consumer call for all over the world and draw in and retain pros with sturdy management talents, the corporate’s trade, the usage charge of the corporate’s pros and the corporate’s result of operations is also materially adversely affected; the COVID-19 pandemic has impacted Accenture’s trade and operations, and the level to which it’s going to proceed to take action and its have an effect on at the corporate’s long term monetary effects are unsure; the markets through which Accenture operates are extremely aggressive, and Accenture may now not have the ability to compete successfully; Accenture’s talent to draw and retain trade and staff would possibly rely on its popularity available on the market; if Accenture does now not effectively organize and expand its relationships with key alliance companions or fails to look ahead to and identify new alliances in new applied sciences, the corporate’s result of operations may well be adversely affected; Accenture’s profitability may just materially endure if the corporate is not able to procure favorable pricing for its services and products and answers, if the corporate is not able to stay aggressive, if its cost-management methods are unsuccessful or if it studies supply inefficiencies or fail to fulfill positive agreed-upon goals or particular provider ranges; adjustments in Accenture’s degree of taxes, in addition to audits, investigations and tax court cases, or adjustments in tax rules or of their interpretation or enforcement, may have a subject material opposed impact at the corporate’s efficient tax charge, result of operations, money flows and monetary situation; Accenture’s result of operations may well be materially adversely suffering from fluctuations in foreign currencies alternate charges; adjustments to accounting requirements or within the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements may just adversely impact its monetary effects; Accenture could be not able to get admission to further capital on favorable phrases or in any respect and if the corporate raises fairness capital, it will dilute its shareholders’ possession pastime within the corporate; because of Accenture’s geographically various operations and its enlargement solution to proceed to increase in its key markets all over the world, the corporate is extra at risk of positive dangers; if Accenture is not able to control the organizational demanding situations related to its dimension, the corporate could be not able to succeed in its trade targets; Accenture may not be a hit at obtaining, making an investment in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s trade may well be materially adversely affected if the corporate incurs felony legal responsibility; Accenture’s world operations divulge the corporate to a large number of and on occasion conflicting felony and regulatory necessities; Accenture’s paintings with executive shoppers exposes the corporate to further dangers inherent within the executive contracting setting; if Accenture is not able to offer protection to or put into effect its highbrow assets rights or if Accenture’s services and products or answers infringe upon the highbrow assets rights of others or the corporate loses its talent to make use of the highbrow assets of others, its trade may well be adversely affected; Accenture’s result of operations and percentage worth may well be adversely affected whether it is not able to care for efficient interior controls; Accenture is also topic to complaint and adverse exposure associated with its incorporation in Eire; in addition to the dangers, uncertainties and different components mentioned below the “Chance Elements” heading in Accenture percent’s most up-to-date Annual Document on Shape 10-Ok and different paperwork filed with or furnished to the Securities and Alternate Fee. Statements on this information unlock discuss most effective as of the date they have been made, and Accenture undertakes no accountability to replace any forward-looking statements made on this information unlock or to adapt such statements to exact effects or adjustments in Accenture’s expectancies.
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