Accenture Completes Acquisition of Cygni to Expand its Cloud First and Software Engineering Capabilities
Accenture (NYSE: ACN) has completed its acquisition of Cygni, a cloud-native, full-stack development firm that helps companies transform their business through advanced technical software development services and innovative technical solutions. The terms of the transaction, which Accenture announced on March 29, were not disclosed.
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Left to Right: Joel Hofgren, Cloud Infrastructure & Engineering lead at Accenture with Jon Persson, CEO and founder of Cygni (Photo: Business Wire)
With headquarters in Stockholm, and offices across Sweden and one office in Amsterdam, Netherlands, Cygni helps some of Sweden’s most recognized brands to transform digitally. The company was founded in 2006 with the vision to be the best place to work for highly skilled and ambitious software developers and has been recognized by 'The Great Place To Work Foundation' as the best workplace in Europe five times as well as the best workplace in Sweden for seven consecutive years. The acquisition adds approximately 190 software developers to Accenture Cloud First, bringing a highly skilled, cloud-native, full-stack engineering team with cloud, data, and modernization skills across multiple platforms and industries.
Cygni will further enhance the global capabilities of Accenture Cloud First. Powered by 70,000 cloud professionals, and a $3 billion investment over the next three years, the Accenture Cloud First group brings together unmatched depth and breadth of cloud expertise, industry cloud solutions, ecosystem partner capabilities, and assets that help clients realize greater value from cloud at speed and scale.
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services – all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 537,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.