Accenture (NYSE: ACN) has entered into an agreement to acquire Logic, a Minneapolis, MN-based retail technology services firm.
The amount of the deal was not disclosed.
Logic will expand Accenture’s retail capabilities with the addition of essential skills in core technologies and platforms, as well as artificial intelligence (AI) and generative AI, to drive innovation for clients. This move underscores Accenture’s commitment to helping retailers transform their organizations with technology so that they can better navigate the evolving retail landscape with confidence.
Led by CEO Bill Szlaius, Logic provides retail technology services. Its business and technology consultants apply its proven methodologies and technology assets to partner with retail executives—from strategy to execution—in delivering on initiatives that drive customer loyalty, boost revenues and margins, and help outpace the competition.
Logic has offices in 11 countries that serve more than 150 retail clients worldwide such as 7-Eleven, Al Shaya, David Yurman, Express, Louis Vuitton, Makro, Oxxo, Ralph Lauren, Renner, Total Wine and more.
Logic will bring approximately 800 professionals with specialized skills in retail-focused technical strategies to Accenture Technology.
FinSMEs
23/07/2024