OCTO becomes part of Accenture Digital after all shares successfully purchased by Accenture
Accenture (NYSE: ACN) has completed its acquisition of OCTO Technology, a technology consultancy specializing in digital transformation services and software development. OCTO has become part of Accenture Digital, expanding Accenture's digital services offering in France.
"We thank OCTO's leadership and employees for supporting this acquisition. It shows the confidence they have in this initiative, which enables us to build a unique end-to-end digital transformation service offering in the French market," said Christian Nibourel, country managing director for Accenture in France and Benelux. "Our clients now have access to an expanded range of digital skills and industry experience, which, combined with our ability to quickly scale solutions, are unmatched in the market."
"OCTO brings deep technology expertise, particularly in data science and mobile applications, and a strong culture of successful innovation, which we will leverage to create digital solutions tailored to each of our clients, and which can be quickly scaled," said Pascal Delorme, Accenture Digital lead, France and Benelux. "Companies and organizations have different requirements in terms of digital transformation, depending on where they are on their journey. The addition of OCTO to Accenture Digital's existing capabilities allows us to provide solutions that match all these needs whether it is to help clients identify, test and adopt new business models based on emerging technologies, or to quickly implement at scale more mature digital technologies."
François Hisquin, CEO and founder of OCTO said: "I am very pleased for OCTO to join Accenture, as we share the same vision, understanding of digital transformation issues and culture of excellence. OCTO has become a real jewel in the French technology service market thanks to its unique identity, agility, methodologies and innovative management, as well as its strong corporate culture. It's this DNA and the drive to imagine the future and change the rules that caught Accenture's attention. We will preserve and share this so that clients can take advantage of the synergies which allow us to see further, bigger and faster."
Accenture has acquired a 100 percent shareholding in OCTO through a cash tender offer, which was supported unanimously by the supervisory board of OCTO. Following the purchase of the total shareholding, OCTO has been delisted from the Alternext stock exchange in Paris.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions underpinned by the world's largest delivery network Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 394,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
Accenture Digital comprised of Accenture Analytics, Accenture Interactive and Accenture Mobility, offers a comprehensive portfolio of business and technology services across digital marketing, mobility and analytics. From developing digital strategies to implementing digital technologies and running digital processes on their behalf, Accenture Digital helps clients leverage connected and mobile devices; extract insights from data using analytics; and enrich end-customer experiences and interactions, delivering tangible results from the virtual world and driving growth. To learn more about Accenture Digital, follow us @AccentureDigi and visit www.accenture.com/digital.
About OCTO Technology
OCTO Technology is a technology consultancy specializing in digital transformation and software development operating in five countries: France (headquarter), Morocco, Switzerland, Brazil and Australia. OCTO has nearly 380 employees with specialized digital technology skills, including Big Data and analytics, user experience design, and mobile services delivery. Awarded the Great Place to Work® award (companies under 500 employees) for each of its four participations, OCTO also runs the successful 'Unexpected Sources of Inspiration' (USI) event each year in Paris where leaders, industry innovators and technology entrepreneurs exchange ideas, draw inspiration and discuss the digital transformations in our societies.
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