NEW YORK (AP) - Management and technology consultancy Accenture Ltd. said Thursday it agreed to acquire Corliant Inc., a privately held technology consulting firm which specializes in advanced Internet Protocol networks.
Financial terms were not disclosed.
IP-based networks allow companies to provide voice, data, multimedia and other services through a single technology infrastructure. In addition, Corliant has developed expertise in Cisco Systems Inc.'s network technologies and services.
Following the acquisition, Corliant will join Accenture Technology Consulting. All of Corliant's approximately 150 employees are expected to transition to Accenture.
The acquisition is expected to close within 60 days, pending customary closing conditions.
Accenture shares gained 22 cents to $40.04 in afternoon trading.
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