4/22, 9:35 AM (Source: TeleTrader)
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Accenture completes Cygni acquisition

Irish multinational company Accenture plc has completed the acquisition of Swedish cloud-native full-stack development firm Cygni, according to an official announcement from the company released on Thursday.

Cygni currently helps some of Sweden's most recognized brands to transform digitally. The company will be adding up to 190 skilled software developers to the Irish company's Accenture Cloud First group to further modernize and develop it digitally. The terms of the transaction, originally announced by Accenture on March 29, still remain undisclosed.

The Cygni deal is the latest of Accenture acquisitions in early 2021, following the company's acquiring of SAP product hosting service provider Edenhouse, cloud company Infinityworks, and leadership and talent consultancy Cirrus.

Breaking the News / IV