Posted by Bangalore: Accenture has agreed to acquire Imaginea, a cloud-native product and platform engineering firm. The move is to strengthen the company’s cloud capabilities and offerings via the Cloud First initiative launched last year. The company has not disclosed the financial details of this transaction.
Imaginea is based in Mountain View, US. It has offices in London and throughout India and helps companies drive innovation through cloud-native technology products and engineering services.
It currently advises over 200 global clients to deliver cloud-first transformations. The acquisition adds approximately 1,350 cloud professionals to Accenture.
Accenture will leverage Imaginea’s highly-skilled, cloud-native, full-stack engineering team. It has cloud data and cloud modernization skills across multiple platforms from Amazon Web Services, Azure and Google Cloud Platform.
“Imaginea will further enhance Accenture Cloud First’s global capabilities. It was created to help clients across every industry become ‘cloud-first’ businesses,” said Karthik Narain, Global Lead – Accenture Cloud First.
“Cloud is an essential foundation of digital transformation. Leveraging cloud-native capabilities helps companies transform experiences. And harness advances in technologies like AI, robotics, edge computing, 5G and break the limits on productivity and innovation to create sustainable value,” added Narain.
“Our unique combination of cloud-native and product engineering skills is why clients seek out Imaginea to help them solve complex problems by unlocking the power of new technologies,” said Vijay Pullur, Co-Founder – Imaginea.
“We are excited to join Accenture in helping companies reimagine business and rebuild differently for the benefit of all — from their customers to our people to society at large,” added Pullur.
“Imaginea brings us an infusion of human ingenuity, supported by cloud technologies,” said Kishore Durg, Global Lead – Accenture Cloud First Integrated Cloud Services.
“Imaginea is a noteworthy addition to Accenture, with expertise across leading cloud platforms. It puts us in an even stronger position to accelerate innovation across diverse industries, drive complex change and create lasting value,” added Durg.
The company launched Accenture Cloud First in last September with a $3billion investment over the next three years. A strong 70,000 cloud professionals lead Accenture Cloud First group with together extensive cloud expertise in cloud solutions and assets. These capabilities help clients gain value from the cloud investment at speed and scale.
Completion of the acquisition is subject to customary closing conditions.