Accenture (NYSE: ACN) today announced that it has agreed to acquire the industrial and embedded software development and services business of evopro group, a software development and engineering services company headquartered in Budapest. The acquisition will increase Accenture’s ability to help companies get the most return on their investment in industrial software through process improvement and software development, enabling them take products to market faster and more efficiently.
evopro group, which has operations in Germany, Hungary, Romania and Turkey, provides services for embedded software used widely in the industrial and medical equipment, automotive, building, logistics and transportation industries. The acquisition will strengthen Accenture’s skills in the industrial software and automation market for industrial companies, and support Accenture’s mobility-driven connected products initiatives.
Companies are investing heavily in industrial software — embedded in machines, tools and connected devices — to improve process efficiency and flexibility. This is transforming core processes in areas such as manufacturing to make operations faster, smarter, and more adaptive.
“This acquisition will strengthen our capabilities in the industrial software solutions market, where we see increased interest from our clients for software development and related IT services,” said Eric Schaeffer, senior managing director with Accenture. “evopro group has a highly skilled workforce with deep expertise in software development, testing, and implementation, as well as automation solutions.”
He added: “It will also strengthen our mobility-based capabilities as we continue to build innovative connected solutions for clients across industries where embedded software is a differentiating capability.”
The acquisition will bring together Accenture’s ability to deliver complex global transformation programs through industrialized delivery methods and innovative technologies with evopro group’s software and engineering skills.
This is Accenture’s third acquisition that will enhance its range of capabilities for manufacturing clients. These include organizing, developing and managing the processes needed for the entire lifecycle of new products and services, bringing them to market more quickly and efficiently. Accenture recently acquired PRION Group and in October announced plans to acquire PCO Innovation, two system integration companies specializing in the delivery of Product Lifecycle Management (PLM) services.
Csaba Meszaros, president and CEO of evopro group, said: “The combination of evopro group’s software and engineering experts and Accenture’s industry knowhow will create a unique value proposition for industrial companies demanding fast, efficient and reliable software development and automation solutions.”
Founded in 2001, evopro group is a privately held company with more than 1,000 employees.
Completion of the acquisition is subject to customary closing conditions.
Accenture is a global management consulting, technology services and outsourcing company, with approximately 275,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$28.6 billion for the fiscal year ended Aug. 31, 2013. Its home page is www.accenture.com
About evopro group
evopro group, is an IT-R&D consulting and engineering company, headquartered in Budapest, with more than 1,000 highly educated engineers, delivering turnkey industrial automation and IT solutions, providing software development and related engineering services for leading, world-wide operating clients in the fields of Industry, Infrastructure, Mobility, Energy and Healthcare. Beside process and factory automation services, evopro group lays increasing emphasis on innovative embedded systems and engineering solutions. In addition, the group leads and coordinates research and development projects in the field of transportation and vehicle technology. Its home page is www.evopro-group.com
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+40 728 226 048
+44 7810 756 138
Robert P. Racz
evopro Holding Zrt.
+36 70 3601717