Accenture announces intention to acquire French security company Arismore
Dec 20, 2016
Acquisition would strengthen Accenture Security’s offerings in identity and access management and expand European footprint for serving clients
PARIS, FRANCE; Dec. 19, 2016 – Accenture (NYSE: ACN) has entered into exclusive negotiations to acquire Arismore, a privately held company in France that specializes in providing security services, including identity and access management (IAM), as well as enterprise architecture and change management services.
The acquisition requires prior consultation with the relevant works councils and would be subject to customary closing conditions. Financial terms of the transaction are not being disclosed.
“Acquiring Arismore would be a significant step forward in our growth strategy and would solidify our position as a leading provider of digital identity management and security services in France,” said Kelly Bissell, managing director of Accenture Security. “As we continue to add firepower and build momentum in our security business, we would take advantage of this acquisition to bring our extensive portfolio of end-to-end security services to clients across Europe. We look forward to completing this acquisition and laying a solid foundation with Arismore for delivering security innovations to clients.”
Once completed, the acquisition would bring to Accenture complementary security solutions and services, a strong client base and a talented team of 270 highly skilled security and enterprise architecture professionals.
“Accenture and Arismore share the belief that digital trust and digital transformation are at the heart of business transformation. We are both committed to continuously innovating IAM and enterprise architecture services that will help organizations build digital trust while benefiting from the power and flexibility of the cloud” said Eric Boulay, president & CEO, Arismore. “The entire team at Arismore is extremely excited by this opportunity to join Accenture Security, and we look forward to supporting its growth in the field of identity management and other security capabilities.”
Founded in 2002, Arismore provides security and enterprise architecture services for numerous top-tier organizations in the telecommunications, media, distribution, energy, transportation, banking and insurance sectors. Arismore is headquartered in Saint-Cloud, France, and has additional offices in Villeneuve d’Ascq and La Ciotat.
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