Accenture (NYSE: ACN) has agreed to acquire Fibermind, a Rovigo, Italy-based network services company specializing in fiber and mobile 5G networks deployment.
The amount of the deal was not disclosed. The completion of the acquisition is subject to customary closing conditions, including required antitrust clearances.
The acquisition will strengthen Accenture’s capabilities in the domain and extend network services to clients across multiple industries, including telecommunications, utilities, and transportation.
With operations throughout the country, Fibermind has more than 20 years of experience serving public and private sector clients, a long-standing partner ecosystem and relationships with national authorities and municipalities. It also has established client relationships with Italy’s major mobile and fiber network operators.
Fibermind will bring more than 400 highly qualified professionals to Accenture Operations, with expertise spanning network design, permits management, technical office and local directive project management office (PMO) work, network acceptance testing, network documentation and home connection.
FinSMEs
19/06/2024