Accenture To Acquire CLIMB; Terms Undisclosed
(RTTNews) - Accenture (ACN) said that it has agreed to acquire CLIMB, a technology services provider specializing in system integration, IT infrastructure management and operations, primarily in the Gunma Prefecture. Terms of the transaction were not disclosed. The acquisition of CLIMB brings more critical skills for global organizations in Japan to navigate technology change.
CLIMB was established in 1989. Currently, it has approximately 200 engineers who are trained in cloud and security technologies and application management services. The CLIMB engineers will join Accenture Technology.
Completion of the acquisition is subject to customary closing conditions.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.