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Tech giant Accenture acquires Bengaluru-based Cientra Techsolution

VCCircleVCCircle · 1y ago
Tech giant Accenture acquires Bengaluru-based Cientra Techsolution
Medial

Accenture, the IT services and consulting company, has acquired Cientra Techsolution, a silicon design and engineering services company. This acquisition follows Accenture's recent acquisition of semiconductor design services provider Excelmax Technologies. Cientra, founded in 2015, has offices in the US, Germany, and India, and specializes in engineering, development, and testing for industries such as automotive, telecommunications, and high-tech. This acquisition will enhance Accenture's silicon design capabilities and enable them to better assist clients with semiconductor innovation. Cientra brings approximately 530 engineers and practitioners to Accenture. Financial details of the deal were not disclosed.

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Accenture acquires TalentSprint from NSE Academy

EntrackrEntrackr · 2m ago
Accenture acquires TalentSprint from NSE Academy
Medial

Accenture acquires TalentSprint from NSE Academy Accenture has acquired deep tech education company TalentSprint from NSE Academy Ltd, a wholly-owned subsidiary of National Stock Exchange of India Limited. The acquisition will bolster Accenture LearnVantage’s ability to drive growth through key university certifications and high impact bootcamps, creating trained talent pools for enterprises and governments, Accenture said in a press release. Launched in 2008 by Santanu Paul, J Chowdary, and Madhu Murty, TalentSprint offers certification programs in emerging and deep technologies to aspiring and experienced professionals using a hybrid online/onsite model. Coding bootcamps, AI and data sciences, fintech, blockchains, cyber security, and digital health are some of their recommended programs. According to Accenture, this acquisition will strengthen LearnVantage’s capabilities to help organisations reshape their workforce through upskilling, reskilling, and preparing them for an AI-powered world. TalentSprint’s team of approximately 210 professionals will join Accenture LearnVantage. Over the past 15 years, TalentSprint has formed collaborations with academic institutions, including the Indian Institutes of Management (IIMs), Indian Institutes of Technology (IITs), International Institutes of Information Technology (IIITs) and globally-renowned research institutions. Accenture states that TalentSprint’s end-to-end delivery capabilities of focused learning programmes provide a competitive value proposition for learners and enterprises alike, making it a great fit for its expanding LearnVantage business. “The addition of TalentSprint further boosts our ability to meet our clients' demand for training, helping their people gain the essential technology skills in emerging areas needed to reinvent their organisations and achieve greater business value,” said Kishore Durg, global lead of Accenture LearnVantage. TalentSprint's revenue from operations surged 40.8% to Rs 100 crore in FY23 from Rs 71 crore in FY22. The company has yet to file its FY24 and FY25 numbers.

Xoriant acquires MapleLabs to expand its platform engineering capabilities

Economic TimesEconomic Times · 1y ago
Xoriant acquires MapleLabs to expand its platform engineering capabilities
Medial

US-based consulting and IT services firm Xoriant has acquired Bengaluru-based product engineering firm MapleLabs. The acquisition aims to enhance Xoriant's capabilities in platform engineering, product development, and cloud native applications. MapleLabs brings expertise in hybrid cloud infrastructure, observability, and Site Reliability Engineering (SRE). The financial details of the deal were undisclosed. Xoriant, backed by private equity firm ChrysCapital, aims to strengthen its position in the digital engineering space and provide innovative solutions to its global clients. This is Xoriant's second acquisition following the acquisition of Bengaluru-based consulting firm Thoucentric in 2023.

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