July 21, 2022
Accenture to Achieve Eclipse Automation to Assist Shoppers Construct Factories of the Long term
NEW YORK and TORONTO; July 21, 2022 – Accenture (NYSE: ACN) has agreed to obtain Eclipse Automation, a supplier of custom designed production automation and robotics answers headquartered in Cambridge, Ontario, Canada. The purchase will permit Accenture to provide computerized manufacturing strains that leverage the cloud, information and synthetic intelligence (AI), making factories and vegetation smarter and thus, extra productive, sustainable and protected. Monetary phrases weren’t disclosed.
Eclipse Automation creates computerized production techniques to supply subtle merchandise for lifestyles sciences, commercial apparatus, automobile, power and client items firms. Its technologists and engineers design, construct, combine and repair complex automation answers for generating parts and gadgets comparable to electrical car batteries and wearable blood-glucose screens. Eclipse Automation’s answers come with automation keep an eye on techniques, manufacturing machines and robots, with essential custom designed tooling manufactured in-house.
Based in 2001, Eclipse Automation has workplaces in Canada, the United States, Hungary, Germany, Switzerland and Malaysia. Its roughly 800 execs will sign up for Accenture’s virtual engineering and production carrier, Trade X.
Aaron Saint, North The united states lead for Trade X at Accenture, stated: “Generation, information and AI are basically reworking each a part of an organization. This comprises engineering and production, our purchasers’ subsequent virtual frontier. With Eclipse Automation, we can mix complex automation features with our deep virtual experience. This will likely place Accenture higher than ever to lend a hand our purchasers reimagine their merchandise and the way they cause them to.”
Jeffrey Russell, President of Accenture in Canada, stated: “Many firms are bringing manufacturing again house to Canada and the United States because of international provide chain disruptions. This provides them a novel alternative to reinvent production with virtual applied sciences and complex automation. With Eclipse Automation, Accenture will supply era and coaching features that our purchasers want to broaden a virtual commercial staff in markets the place production talents are scarce.”
Steve Mai, CEO of Eclipse Automation, added: “For twenty years, we’ve been leaders in handing over complex automation answers and high-tech production technology to purchasers throughout a couple of industries. Through becoming a member of Accenture, we will additionally deliver the benefits of information, AI and the cloud to our purchasers’ amenities at a scale that no different corporate can be offering them.”
The purchase marks the following milestone in Accenture’s enlargement of its virtual engineering and production features. In 2020, Accenture purchased Myrtle Consulting (US, Canada), a consultancy for strategic advisory on commercial operations, and Callisto Integration (Canada), a supplier of producing execution and shop-floor keep an eye on techniques. In 2021, Accenture added Pollux (Brazil), which engineers and deploys fabrics dealing with and self sufficient cellular robots, paving its approach into self sufficient robotics techniques. Later that 12 months, Accenture made considered one of its biggest acquisitions ever with world engineering services and products supplier umlaut, headquartered in Germany, and reinforced its asset leadership and function features with Advoco (US) and T.A. Prepare dinner (Germany).
Crowning glory of the purchase is matter to standard last stipulations, together with receipt of acceptable regulatory approvals.
Ahead-Having a look Statements
Except for for the ancient data and discussions contained herein, statements on this information unencumber might represent forward-looking statements inside the that means of the Non-public Securities Litigation Reform Act of 1995. Phrases comparable to “might,” “will,” “will have to,” “most likely,” “anticipates,” “expects,” “intends,” “plans,” “initiatives,” “believes,” “estimates,” “located,” “outlook” and an identical expressions are used to spot those forward-looking statements. Those statements contain a variety of dangers, uncertainties and different elements that might motive exact effects to fluctuate materially from the ones expressed or implied. Those dangers come with, with out limitation, dangers that: Accenture and Eclipse Automation won’t be able to near the transaction within the time frame expected, or in any respect, which depends at the events’ skill to meet positive last stipulations; the transaction may now not succeed in the expected advantages for Accenture; Accenture’s result of operations had been, and might one day be, adversely suffering from risky, destructive or unsure financial and political stipulations, together with the invasion of Ukraine by way of Russia, the similar sanctions and different measures which have been and proceed to be imposed in accordance with this war, in addition to the present inflationary atmosphere, and the results of those stipulations at the corporate’s purchasers’ companies and ranges of commercial task; Accenture faces criminal, reputational and monetary dangers from any failure to offer protection to shopper and/or corporate information from safety incidents or cyberattacks; Accenture’s trade relies on producing and keeping up ongoing, winning shopper call for for the corporate’s services and products and answers together with in the course of 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 incapability to answer the evolving technological atmosphere may materially impact the corporate’s result of operations; if Accenture is not able to compare other folks and abilities with shopper call for world wide and draw in and retain execs with sturdy management talents, the corporate’s trade, the usage charge of the corporate’s execs 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’ll proceed to take action and its have an effect on at the corporate’s long run monetary effects are unsure; the markets wherein Accenture operates are extremely aggressive, and Accenture may now not be capable of compete successfully; Accenture’s skill to draw and retain trade and workers might rely on its popularity available on the market; if Accenture does now not effectively organize and broaden its relationships with key alliance companions or fails to look forward to and determine new alliances in new applied sciences, the corporate’s result of operations may well be adversely affected; Accenture’s profitability may materially endure if the corporate is not able to acquire 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 reviews supply inefficiencies or fail to meet positive agreed-upon goals or particular carrier ranges; adjustments in Accenture’s degree of taxes, in addition to audits, investigations and tax lawsuits, or adjustments in tax regulations or of their interpretation or enforcement, can have a subject matter hostile 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 adversely impact its monetary effects; Accenture could be not able to get entry to further capital on favorable phrases or in any respect and if the corporate raises fairness capital, it is going to dilute its shareholders’ possession passion within the corporate; because of Accenture’s geographically numerous operations and its expansion method to proceed to make bigger in its key markets world wide, the corporate is extra liable to positive dangers; if Accenture is not able to control the organizational demanding situations related to its measurement, the corporate could be not able to reach its trade targets; Accenture may not be a success 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 criminal legal responsibility; Accenture’s international operations disclose the corporate to a large number of and occasionally conflicting criminal and regulatory necessities; Accenture’s paintings with executive purchasers exposes the corporate to further dangers inherent within the executive contracting atmosphere; if Accenture is not able to offer protection to or put in force 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 skill to make use of the highbrow assets of others, its trade may well be adversely affected; Accenture’s result of operations and proportion worth may well be adversely affected whether it is not able to take care of efficient inner controls; Accenture is also matter to grievance and destructive exposure associated with its incorporation in Eire; in addition to the hazards, uncertainties and different elements mentioned below the “Chance Elements” heading in Accenture %’s most up-to-date Annual Document on Shape 10-Ok and different paperwork filed with or furnished to the Securities and Trade Fee. Statements on this information unencumber talk handiest as of the date they had been made, and Accenture undertakes no responsibility to replace any forward-looking statements made on this information unencumber or to adapt such statements to exact effects or adjustments in Accenture’s expectancies.
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