NEW YORK; Dec. 11, 2007 — Accenture (NYSE: ACN) has completed its acquisition of Corliant, Inc., a privately held technology consulting firm that helps clients deploy and support advanced Internet protocol (IP) networks.
Providing Accenture with specialized skills, methodologies, tools and Cisco-specific network technology expertise, Corliant strengthens Accenture’s networking services and enhances Accenture’s capabilities and market presence in the network technology space.
“This acquisition helps Accenture strengthen our networking services and skills, particularly around implementing advanced, next generation IP network solutions for our clients,” said John Kaltenmark, head of Accenture Technology Consulting. “Accenture’s experience combined with Corliant’s Cisco-based technology specialists will enable us to help our clients achieve high performance.”
The transition of Corliant’s approximately 150 employees to Accenture will enable the company to meet growing client demand for networking consulting services.
Terms of the deal were not disclosed.
Accenture is a global management consulting, technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills and technologies to help clients improve their performance. With approximately 170,000 people in 49 countries, the company generated net revenues of US$19.70 billion for the fiscal year ended Aug. 31, 2007. Its home page is www.accenture.com.