The acquisition is expected to strengthen Accenture’s cloud first and digital transformation capabilities in Argentina and South America
Wolox founder and CEO Agustina Fainguersh with Accenture Argentina president Sergio Kaufman. (Credit: Accenture)
Accenture has acquired Argentina-based cloud native and agile development company Wolox for an undisclosed price.
The acquisition is expected to enable Accenture to enhance its cloud first and digital transformation capabilities in Argentina and South America.
Established in 2012, Wolox provides services for digital business design, product creation, and agile squads. The company has offices across Latin America and the US.
Wolox founder and CEO Agustina Fainguersch said: “By joining Accenture, we will be able to continue doing so, furthering our reach and impact in a more robust manner. The combination of Accenture and Wolox is a great opportunity for our teams and clients.
“This is our moment to help clients solve their most pressing challenges by leveraging the cloud and cutting-edge technologies.”
Wolox expected to strengthen Accenture Cloud First
The Argentine company has a workforce of more than 280 employees, whose addition is said to improve the global capabilities of Accenture Cloud First.
The Accenture unit offers cloud services to help clients speed up their digital transformation, innovate faster, and also generate differentiated, sustainable value.
Accenture Cloud First was launched in September 2020 with an investment of $3bn over three years to create a new model for the company’s clients to rapidly migrate to the cloud.
Accenture Cloud First global lead Karthik Narain said: “The acquisition of Wolox brings differentiated skills to Accenture, as the team uniquely blends cloud native development with design and state-of-the-art technologies for business transformation.
“Wolox has multidisciplinary teams of industry and business experts, UX/UI designers, software designers, architects and engineers and, together, we’re now more equipped to help clients tap into the technology expertise and human ingenuity that powers how Accenture innovates.”
Last week, Accenture acquired Real Protect, a Brazil-based information security company, for an undisclosed price.
Real Protect provides managed security and cyber defense services (MSS) and its acquisition is said to help Accenture extend its cybersecurity footprint and capabilities in Latin America.