M&A Deal Summary

Accenture Acquires Openstream

On May 16, 2024, Accenture acquired information technology company Openstream

Acquisition Highlights
  • This is Accenture’s 144th transaction in the Information Technology sector.
  • This is Accenture’s 9th transaction in Japan.

M&A Deal Summary

Date 2024-05-16
Target Openstream
Sector Information Technology
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Openstream

Tokyo, Japan
Openstream uses AI, IoT, cloud, and big data to design, develop, operate, and maintain information systems and services to solve problems. Openstream is based in Tokyo, Japan.

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Buyer(S) 1

Buyer

Accenture

Dublin, Ireland

Category Company
Founded 1951
Sector Business Services
Employees750,000
Revenue 64.1B USD (2023)
DESCRIPTION

Accenture is a global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining experience and specialized skills across more than 40 industries and all business functions, Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. Accenture was founded in 1951 and is based in Dublin, Ireland.


DEAL STATS #
Overall 319 of 328
Sector (Information Technology) 144 of 148
Type (Add-on Acquisition) 282 of 291
Country (Japan) 9 of 9
Year (2024) 18 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-16 Turbine

Budapest, Hungary

Turbine is a predictive simulation company using its core technology, the Simulated Cell platform, which utilizes machine learning to understand how human cells make decisions. The platform intricately models molecular interactions within and around cells, enabling virtual experiments in volumes that are nearly impossible to achieve in the physical world and revealing mechanisms that drive diseases and responses to therapies. Turbine is based in Budapest, Hungary.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-21 Partners in Performance

Bryanston, South Africa

Partners in Performance is a global strategy consulting firm that works on business performance improvement in asset-intensive industries leveraging data and AI capabilities. Partners in Performance is based in Bryanston, South Africa.

Buy -