Accenture (NYSE: ACN) has completed its acquisition of Acquity Group Ltd. (NYSE MKT: AQ), the second-largest independent digital marketing company in the United States, which provides strategy, digital marketing and technical services to help companies enhance their brand experiences and eCommerce performance.
The acquisition, first announced on May 17, further strengthens and expands the broad range of digital marketing services that Accenture provides clients through Accenture Interactive, which offers chief marketing officers and brand leaders a comprehensive suite of marketing, technology and analytics solutions to improve their marketing performance. Accenture paid $13.00 per outstanding American Depositary Share, each of which represents two ordinary shares, or a total of approximately $316 million in cash for Acquity Group.
“Acquity Group’s skills and capabilities in eCommerce and leading digital platforms such as Adobe and hybris will complement Accenture’s strengths in strategy, analytics, technology enablement and marketing operations,” said Brian Whipple, global managing director of Accenture Interactive. “Together, we are better positioned to blend the creative process with technology at scale and deliver transformational solutions that provide innovative and engaging customer experiences across channels.”
About AccentureAccenture is a global management consulting, technology services and outsourcing company, with approximately 266,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page is www.accenture.com. Accenture Interactive helps the world’s leading brands drive superior marketing performance across the full multichannel customer experience. Comprising more than 4,000 Accenture professionals dedicated to serving the marketing function, Accenture Interactive offers integrated, industrialized and industry-driven marketing solutions and services across consulting, technology and outsourcing powered by analytics. Follow @AccentureSocial or visit Accenture Interactive.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts