Accenture has entered into an agreement to acquire Singapore-based NewsPage.
Upon closing, the acquisition will complement the capabilities of the Accenture CAS software platform. Terms of the transaction were not disclosed.
Upon closing, the acquisition of NewsPage will add distributor management and mobility capabilities to the Accenture CAS software platform through a user-friendly application. Also, NewsPage will bring a multi-platform mobility capability to the Accenture CAS solution, allowing it to run on Windows, Android and iOS devices.
āThis acquisition is important as it will enhance Accentureās ability to help global consumer goods companies by supporting all route-to-market sales and delivery models across mature and emerging markets. NewsPage has a strong client base of global consumer goods brands that have benefited from its products. Its addition will strengthen Accentureās software capabilities in emerging markets and reinforce Accentureās position as a leading provider of integrated sales software for the consumer goods industry,ā said Fabio Vacirca, Senior Managing Director, Consumer Goods & Services practice, Accenture.
Once the transaction is closed, approximately 128 NewsPage employees will join Accenture, and will continue to focus on product development, client sales and delivery. This team will be integrated into the Accenture Software organization.
āWe are pleased that Accenture has recognized the strength of the NewsPage products, and the valuable work that we deliver for our clients. We believe that the combination of our two organizations will create a compelling offer for consumer goods companies in the emerging markets,ā said Tim Yoon, CEO, NewsPage.
The acquisition is subject to closing requirements and is expected to close within 60 days.
