Accenture Completes Acquisition of Eclipse Automation – Wire19

NEW YORK & TORONTO–(BUSINESS WIRE)–Accenture (NYSE: ACN) has completed its acquisition of Eclipse Software , a provider associated with customized manufacturing automation and robotics solutions headquartered in Cambridge, Ontario, Canada. Terms of the transaction, which Accenture announced on July 21, 2022, were not disclosed.

Eclipse Automation creates automated production systems to produce sophisticated products for life sciences, industrial equipment, automotive, energy plus consumer goods companies. The acquisition, designed to help clients build factories of the particular future, allows Accenture to offer automated production lines that leverage the cloud, data and artificial intelligence (AI), making industrial facilities and plants smarter and thus, more productive, sustainable and safe. Eclipse Automation’s approximately 800 professionals join Accenture’s digital engineering and manufacturing service, Industry X .

Forward-Looking Statements

Except for the historical information plus discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the particular Private Securities Litigation Reform Act of 1995. Words such as “may, ” “will, ” “should, ” “likely, ” “anticipates, ” “expects, ” “intends, ” “plans, ” “projects, ” “believes, ” “estimates, ” “positioned, ” “outlook” and similar expressions are used in order to identify these forward-looking claims. These statements involve the number associated with risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: the transaction might not achieve the particular anticipated benefits for Accenture; Accenture’s results of operations have been, and might in the future be, adversely affected by volatile, negative or uncertain economic and political conditions, including the invasion of Ukraine by Russia, the related sanctions and other measures that will have been and continue to become imposed within response to this conflict, as well as the current inflationary environment, and the effects of these types of conditions on the company’s clients’ businesses and levels associated with business activity; Accenture faces legal, reputational and financial risks through any failure to protect client and/or company data from security incidents or cyberattacks; Accenture’s business depends on generating and maintaining ongoing, profitable client demand for the company’s services plus solutions including through the adaptation and expansion of its services and options in response to ongoing changes in technology and offerings, plus a significant reduction in such demand or an inability in order to respond to the evolving technological environment could materially affect the company’s outcomes of operations; if Accenture is unable to match people and skills with customer demand around the world and attract and retain professionals with strong leadership skills, the particular company’s company, the utilization rate of the company’s professionals as well as the company’s results of operations may be materially adversely affected; the COVID-19 pandemic has impacted Accenture’s business and operations, and the particular extent to which it will continue in order to do so and its impact on the company’s future monetary results are usually uncertain; the markets in which Accenture operates are highly competitive, plus Accenture might not be able to compete effectively; Accenture’s ability to appeal to and maintain business and employees may depend on its reputation in the marketplace; in case Accenture does not successfully manage plus develop the relationships along with key alliance partners or even fails in order to anticipate and establish new alliances inside new technologies, the company’s outcomes of procedures could be negatively affected; Accenture’s profitability can materially suffer if the company is unable to obtain favorable pricing for its solutions and solutions, when the company is not able to remain competitive, when its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or even specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations plus tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the particular company’s effective tax rate, results of functions, cash flows and economic condition; Accenture’s results associated with operations could be materially adversely affected by fluctuations in foreign currency exchange rates; changes to accounting standards or inside the estimates and assumptions Accenture makes in connection with the preparation from the consolidated financial statements can adversely affect its monetary results; Accenture might be unable to access additional capital on favorable terms or even at all and if the company raises equity capital, it may dilute its shareholders’ ownership interest in the organization; as a result of Accenture’s geographically diverse operations and its growth strategy to continue in order to expand inside its key markets all over the world, the company is more susceptible to certain risks; in the event that Accenture is not able to manage the particular organizational challenges associated with its size, the business might be not able to achieve the business objectives; Accenture may not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business might be materially adversely affected if the company incurs legal liability; Accenture’s global operations expose the organization to numerous plus sometimes conflicting legal and regulatory requirements; Accenture’s work with government clients exposes the business to additional risks inherent in the authorities contracting atmosphere; if Accenture struggles to protect or enforce its intellectual property rights or if Accenture’s providers or options infringe upon the mental property rights of others or the firm loses its ability to utilize the perceptive property of others, the business could be adversely impacted; Accenture’s outcomes of operations and share price might be adversely affected if it is unable to maintain efficient internal controls; Accenture might be subject in order to criticism plus negative publicity related to its incorporation within Ireland; because well as the dangers, uncertainties along with other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report upon Form 10-K as well as other documents filed along with or furnished towards the Investments and Exchange Commission. Claims in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this particular news release or to conform such claims to actual results or even changes in Accenture’s expectations.

About Accenture

Accenture is a global professional services company with leading capabilities in electronic, cloud plus security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology plus Intelligent Operations centers. Our 710, 000 people deliver on the particular promise associated with technology and human ingenuity every day, serving clients inside more compared to 120 countries. We embrace the power of change to create value and shared success for our customers, people, shareholders, partners plus communities. Visit us at accenture. com .

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Jens R. Derksen

Accenture Industry Times

+49 175 5761393

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Stephanie Malcolm

Accenture Canada

+1 416 641 3214

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