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Accenture buys cloud-computing firm for more than $40m

Edmund Tadros

Accenture has purchased cloud-computing specialist Industrie&Co in a deal worth between $40 and $50 million as part of an ongoing plan by the global consultancy to expand its ability to provide cloud-based software services to clients.

The purchase means Industrie&Co’s senior executives – Sydney-based chief executive Con Zeritis, 44, and the company’s Hong-Kong based managing director Antony Morris, 57 – will become Accenture managing directors.

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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au

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    Original URL: https://www.afr.com/companies/professional-services/accenture-buys-cloud-computing-firm-for-more-than-40m-20210521-p57u2a