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 .
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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; 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