M&A Deal Summary

Accenture Acquires Cientra

On July 10, 2024, Accenture acquired information technology company Cientra

Acquisition Highlights
  • This is Accenture’s 146th transaction in the Information Technology sector.
  • This is Accenture’s 4th transaction in India.

M&A Deal Summary

Date 2024-07-10
Target Cientra
Sector Information Technology
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target

Cientra

Bengaluru, India
Cientra is a silicon design and engineering services company, offering custom silicon solutions for global clients. The company provides consulting expertise in embedded IoT and application-specific integrated circuit design and verification capabilities. Cientra was formed in 2015 and is based in Bengaluru, India.

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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 325 of 332
Sector (Information Technology) 146 of 148
Type (Add-on Acquisition) 288 of 295
Country (India) 4 of 4
Year (2024) 24 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-09 True North Solutions

Calgary, Alberta, Canada

True North Solutions provides industrial engineering solutions to help clients produce and transport energy more safely and efficiently. True North Solutions is headquartered in Calgary, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-16 Logic

Bloomington, Minnesota, United States

Logic Information Systems specializes in providing business solutions through integrated expert technology implementation for the unique needs of tier-one and mid-market retail organizations. Logic was founded in 1997 and headquartered in Bloomington, Minnesota.

Buy -