DUBLIN — Accenture (NYSE: ACN) has announced its agreement to acquire OPENSTREAM HOLDINGS, marking another strategic move in Accenture’s quest to empower businesses with advanced digital technologies. The terms of the transaction remain undisclosed. With this acquisition, Accenture aims to harness the expertise of OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, to bolster its cloud and digital engineering and manufacturing teams. This infusion of talent, comprising approximately 1,000 cloud and digital experts, will enable Accenture to further support clients in system and application modernization, while facilitating their adoption of cloud, data, AI, and IoT technologies, according to a press release published on EuropaWire.
Open Stream, with its team of 600 professionals, specializes in consulting, systems integration, and cutting-edge technologies such as cloud, AI, and IoT, particularly in the logistics and retail sectors. The firm’s robust portfolio includes low-code development platforms utilized by over 2,800 companies, along with solutions for smart factories. On the other hand, Neutral, housing 400 professionals, excels in system integration within automotive and manufacturing industries. The firm boasts a rich history of delivering manufacturing management solutions and AI-powered forecasting tools.
Atsushi Egawa, leading Accenture’s business in Japan, expressed enthusiasm about the acquisition, stating that the expertise of OPENSTREAM HOLDINGS aligns seamlessly with Accenture’s strengths in cloud, data, and AI. He emphasized how the addition of Open Stream and Neutral will enhance Accenture’s Industry X service and accelerate value creation for Japanese companies. Kazuhiko Yoshihara, Representative Director & President of OPENSTREAM HOLDINGS, echoed Egawa’s sentiments, highlighting the shared vision of embracing digital transformation to shape a better future society.
This acquisition is part of Accenture’s ongoing commitment to enhancing its technology and digital engineering capabilities in Japan. It follows recent strategic moves, including the acquisition of CLIMB, a technology services provider, and a joint venture with MUJIN to bring AI and robotics to manufacturing and logistics. With the completion of the OPENSTREAM HOLDINGS acquisition pending customary closing conditions, Accenture continues to solidify its position as a leader in driving digital innovation across industries.
