Accenture accelerates growth with acquisitions
Accenture has acquired the Workday, Salesforce and US MuleSoft practices from Sierra-Cedar Group as well as strategic data consultancy Mudano and CRM specialist, maihiro.
The Sierra-Cedar agreement will see 275 consultants move to Accenture upon its closure, which is expected in early 2020. The deal does not include Sierra-Cedar’s MuleSoft practice in its Indian subsidiary, Sierra-Cedar India Pvt Ltd.
The sale allows Sierra-Cedar to focus on its Amazon and Oracle practice and removes a conflict of interest between Oracle and Workday ERP practices.
Cal Yonker, Sierra-Cedar chief executive officer said: “We are grateful for the tremendous contributions of our Workday, Salesforce, and MuleSoft consultants and leadership teams and are confident that Accenture will be a terrific partner for these practice areas moving forward.
“This transaction will provide Sierra-Cedar with an enhanced focus and the ability to make additional investment in key strategic growth drivers such as Oracle Cloud and AWS. As we embark on our next chapter, I am excited to continue working with our talented employees and maintaining our tight-knit culture as we deliver success for our clients.”
Accenture has also acquired Mudano to enhance its analytics, data and AI transformation capabilities and maihiro to strengthen its SAP capabilities and create solutions for clients that drive innovation and transformation in marketing, sales and customer service.