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Accenture to Acquire Sentia in the Netherlands, Belgium and Bulgaria to Build Infrastructure Engineering Capabilities Across the Cloud Continuum

Accenture to Acquire Sentia in the Netherlands, Belgium and Bulgaria to Build Infrastructure Engineering Capabilities Across the Cloud Continuum

AMSTERDAM; August 2, 2022 – Accenture (NYSE:ACN) has agreed to acquire Sentia’s businesses in the Netherlands, Belgium and Bulgaria. Based in the Netherlands, Sentia Group is a leading cloud consulting company that manages private and public cloud migrations and provides digital experience monitoring services.

With more than 500 certifications, Sentia’s team of approximately 310 cloud specialists in the Netherlands, Belgium and Bulgaria will join Accenture Cloud First. Terms of the acquisition were not disclosed.

The acquisition expands Accenture’s Cloud First capabilities to deliver end-to-end cloud infrastructure services across the cloud continuum of public, private and sovereign clouds. Today’s news comes as the plethora of cloud options creates more complexity for organizations as they navigate different architectures, burgeoning innovations and changing regulations.

“Total business reinvention starts with a strong digital core. To enable this digital core, organizations need to create a scalable cloud foundation that’s right for them, one that delivers the strategic agility they need to ensure their resilience and their future competitiveness,” said Karthik Narain. , global head of Accenture Cloud First. “The addition of Sentia’s specialists will enhance Accenture Cloud First’s migration and modernization services aimed at placing client workloads in their optimal location across the cloud continuum, from public to edge, and everything in between. lies between the two.”

“With Sentia, we are extending our strategic infrastructure engineering and emerging technologies capabilities across Europe, particularly in the Netherlands and Belgium,” said Roy Ikink, head of Accenture Cloud First Netherlands. . “The Sentia team brings valuable experience in sovereign cloud strategies designed to help customers meet local regulations and requirements for data privacy, access and control.”

Sentia currently provides cloud consulting and delivery services covering hybrid and multi-cloud strategy; cloud transformation; and migration, among others. The company’s core cloud monitoring and optimization services include cloud managed services, cloud security services and cloud infrastructure migration. Sentia also offers unique digital experience monitoring services that analyze, track, and predict enterprise applications and cloud services from an end-user perspective.

Ian Zein, CEO of Sentia, said, “We have built Sentia into a leading managed cloud infrastructure transformation provider known for its ‘extreme ownership’, customer intimacy and operational excellence in environments complex (often regulated). We can now leverage our deep experience in public and private cloud transformation to help Accenture clients run faster and achieve better business results at scale.

Note: Sentia’s Danish business is not part of the acquisition and will continue as an independent business under the Sentia brand, backed by Waterland Private Equity as a major shareholder. Completion of the acquisition is subject to customary closing conditions, including receipt of applicable regulatory approvals.

About Accenture

Accenture is a global professional services company with industry-leading digital, cloud and security capabilities. Combining unparalleled experience and specialist skills in more than 40 industries, we offer strategy and advisory, technology and operations, and Accenture Song services, all powered by the world’s largest network of advanced technology centers and smart operations. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving customers in more than 120 countries. We embrace the power of change to create value and shared success for our customers, our people, our shareholders, our partners and our communities. Visit us at accenture.com.

Forward-looking statements

Except for historical information and discussions contained in this release, statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may”, “will”, “should”, “probable”, “anticipate”, “expect”, “intend”, “plan”, “project”, “believe”, “estimate”, “position “, “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the risks that: Accenture and Sentia may not be able to complete the transaction within the expected time frame, or at all, which is dependent on the parties’ ability to satisfy certain conditions. closing editions; the transaction may not provide the expected benefits for Accenture; Accenture’s operating results have been and may be in the future affected by volatile, adverse or uncertain economic and political conditions, including Russia’s invasion of Ukraine, sanctions and other related actions that have been and continue to be imposed in response to this conflict, as well as the current inflationary environment and the effects of these conditions on the business and business levels of the Company’s customers; Accenture faces legal, reputational, and financial risks for failing to protect client and/or corporate data from security incidents or cyberattacks; Accenture’s business depends on generating and sustaining continued, profitable customer demand for the company’s services and solutions, including adapting and expanding its services and solutions in response to changing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to changes in the technological environment could materially affect the Company’s operating results; if Accenture is unable to match people and skills to client demand worldwide and to attract and retain professionals with strong leadership skills, the company’s business, rate use of the company’s professionals and the results of the company’s operations could be materially affected; the COVID-19 pandemic has impacted Accenture’s business and operations, and the extent to which it will continue to do so and its impact on the company’s future financial results are uncertain; the markets in which Accenture operates are highly competitive and Accenture may not be able to compete effectively; Accenture’s ability to attract and retain businesses and employees may depend on its reputation in the marketplace; if Accenture fails to manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could suffer significantly if the company is unable to obtain favorable prices for its services and solutions, if the company is unable to remain competitive, if its cost management strategies fail or if it experiences delivery inefficiencies or fails to meet certain agreed terms. on specific objectives or service levels; changes in Accenture’s level of taxation, as well as tax audits, investigations and proceedings, or changes in tax laws or their interpretation or application, could have a material adverse effect on the effective tax rate of business, results of operations, cash flows and financial condition. condition; Accenture’s results of operations could be materially affected by fluctuations in foreign exchange rates; changes in accounting standards or in estimates and assumptions made by Accenture in preparing its consolidated financial statements could adversely affect its financial results; Accenture may not be able to access additional capital on favorable terms or at all and if the company raises equity, it could dilute its shareholders’ stake in the business; due to Accenture’s geographically diverse business and growth strategy to continue expanding in its key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company may not be able to achieve its business objectives; Accenture may not be successful in acquiring, investing in or integrating businesses, forming joint ventures or divesting businesses; Accenture’s business could be materially affected if the company incurs legal liability; Accenture’s global operations expose the company to many sometimes conflicting legal and regulatory requirements; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe the intellectual property rights of others or if the company loses its ability to use the intellectual property from others, its activity could be negatively affected; Accenture’s results of operations and share price could be adversely affected if Accenture is unable to maintain effective internal controls; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; and the risks, uncertainties and other factors discussed under “Risk Factors” in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. The statements in this press release speak only as of the date they are made, and Accenture undertakes no obligation to update any forward-looking statements made in this press release or to conform such statements to actual results. actual events or changes in Accenture’s expectations.

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contacts:

Monique Verdag
Accenture Netherlands
+31 20 4938383
[email protected]

Mylissa Tsai
Accenture
+1 617 488 7932
[email protected]

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