AZB & Partners complete Accenture acquisition of Core Compete

AZB & Partners complete Accenture acquisition of Core Compete

Accenture has acquired Core Compete, a cloud analytics services firm headquartered in Durham, North Carolin.

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Accenture offers Strategy and Consulting, Interactive, Technology and Operations services.

Founded in 2012, Core Compete enables digital transformations with cloud-native solutions that deliver artificial intelligence (AI) and machine learning-infused business outcomes, to serve a diverse client base across the US and UK, with particular focus on supply chain, retail and financial services. Terms of the transaction were not disclosed.

Core Compete's team of more than 260 professionals will join Accenture's Applied Intelligence practice, strengthening how the company helps clients shape and execute their cloud-based data and AI strategies to drive more business value.

Sanjeev Vohra, Global Lead for Accenture Applied Intelligence said in a Press Release, "Over the past year we've seen cloud adoption increase, enabling organizations to unlock the enterprise value from data and AI strategy at speed. Core Compete's approach to cloud analytics transformation helps us further accelerate time to value for our clients, giving them the right tools, strategy and talent to reap the full benefits of being data-driven."

AZB & Partners advised the Client on the India leg of the transaction. The team comprised of Partners – Vaidhyanadhan Iyer and Nandan Pendsey; Counsel – Apeksha Matoo and Senior Associate – Anshuman Bharadwaj.

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