M&A Deal Summary

Accenture Acquires Fibermind

On June 19, 2024, Accenture acquired communications company Fibermind

Acquisition Highlights
  • This is Accenture’s 3rd transaction in the Communications sector.
  • This is Accenture’s 11th transaction in Italy.

M&A Deal Summary

Date 2024-06-19
Target Fibermind
Sector Communications
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Fibermind

Rovigo, Italy
Fibermind is a network services company, specializing in fiber and mobile 5G networks deployment, as well as infrastructure engineering services. Fibermind was formed in 2005 and is headquartered in Rovigo, Italy.

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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 322 of 328
Sector (Communications) 3 of 3
Type (Add-on Acquisition) 285 of 291
Country (Italy) 11 of 11
Year (2024) 21 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-23 Teamexpat

Eindhoven, Netherlands

Teamexpat is an embedded software provider for complex high-tech products and systems. These systems use ultraviolet light to print the fine patterns on semiconductor materials that define the performance of microchips. Teamexpat was formed in 2014 and is headquartered in Eindhoven, The Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-08 Excelmax

Bengaluru, India

Excelmax is a semiconductor designer that provides custom silicon solutions used in consumer devices, data centers, artificial intelligence (AI), and computational platforms that enable edge AI deployments, to clients in the automotive, telecommunications, and high-tech industries. Excelmax is based in Bengaluru, India.

Buy -