M&A Deal Summary

NTT DATA Acquires Acorio

On August 27, 2020, NTT DATA acquired internet software and services company Acorio

Acquisition Highlights
  • This is NTT DATA’s 2nd transaction in the Internet Software and Services sector.
  • This is NTT DATA’s 9th transaction in the United States.
  • This is NTT DATA’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2020-08-27
Target Acorio
Sector Internet Software and Services
Buyer(s) NTT DATA
Deal Type Add-on Acquisition

Target

Acorio

Boston, Massachusetts, United States
Acorio is a cloud consultancy on a mission to deliver on ServiceNow’s promise, with inspiration, guidance and unparalleled expertise throughout the entire Service Management journey. Acorio offers the credibility of hundreds of successful go-lives, coupled with agility, innovation, and a relentless focus on customer delight. Acorio was established in 2013 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

NTT DATA

Tokyo, Japan

Category Company
Founded 1967
Sector Information Technology
Employees197,777
Revenue 4.64T JPY (2025)
DESCRIPTION

NTT DATA is a IT services provider and global innovation partner with 80,000 professionals based in over 40 countries. NTT DATA emphasizes long-term commitment and combines global reach and local intimacy to provide premier professional services, including consulting, application services, business process and IT outsourcing, and cloud-based solutions. NTT DATA was founded in 1967 and is based in Tokyo, Japan.


DEAL STATS #
Overall 14 of 31
Sector: Internet Software and Services M&A 2 of 5
Type: Add-on Acquisition M&A Deals 13 of 29
State: Massachusetts M&A 2 of 2
Country: United States M&A 9 of 16
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-18 Net Esolutions

McLean, Virginia, United States

Net Esolutions Corp. (NETE) is a digital services and Information Technology (IT) leader. NETE combines commercial best practices and emerging technologies and is primarily focused on providing services to the Federal Government Health and Research agencies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-11 Hashmap

Roswell, Georgia, United States

Hashmap, Inc. is a Snowflake Premier Partner and has partnerships with Databricks and several other leading cloud, data, and technology providers. Hashmap was founded in 2012 and is based in Roswell, Georgia.

Buy -