Accenture (ACN) Acquires ServiceNow Consultancy Nashco Consulting
- Wall Street falls as investors ready for Trump's inauguration
- IBM (IBM) Tops Q4 EPS by 13c, FY17 EPS Guidance Beats Consensus
- American Express (AXP) Misses Q4 EPS by 7c, FY17 EPS Guidance Tops Views at Mid-Poinit
- Skyworks Solutions (SWKS) Tops Q1 EPS by 3c, Offers Q2 Guidance, Announces Buyback
- After-Hours Stock Movers 01/19: (SWKS) (QRVO) (NVAX) Higher; (AFMD) (SGYP) (IBM) Lower (more...)
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.
Accenture (NYSE: ACN) has acquired Nashco Consulting Ltd., a Canada-based company that provides consulting, design and implementation services for ServiceNow. The acquisition further strengthens Accenture’s position as a leader in the ServiceNow partner ecosystem and enhances the company’s technology capabilities and deep industry experience in cloud strategy, implementation, integration and management for clients seeking to tap the As-a-Service economy.
“Our clients are increasingly seeking to adopt As-a-Service operating models, and this acquisition represents the latest in a series of significant investments in our cloud business to meet the growing demand,” said Julie Sweet, Accenture chief executive – North America. “Nashco’s team of certified ServiceNow professionals in Canada brings a strong track record and exceptional skills that will help our clients meet the challenges of digital transformation. We look forward to welcoming Nashco’s talented professionals to our team.”
“Organizations of all sizes are looking for greater operational agility and rapid time to value of their cloud investments,” said Jack Sepple, senior managing director, Accenture Cloud and Accenture Operations group technology officer. “The acquisition of Nashco supports our Cloud First agenda, further expands our service cloud capabilities and adds to our capacity to help clients on their journey to the cloud easier and more efficient.”
Nashco will become part of Accenture’s global ServiceNow practice and will significantly bolster the practice certifications in North America. The acquisition will create one of the largest ServiceNow providers in Canada and extend Accenture’s overall ServiceNow leadership in the industry.
“ServiceNow transforms the workplace by automating workflows for IT, security, customer service and HR,” said David Schneider, chief revenue officer, ServiceNow. “Accenture’s acquisition of Nashco reinforces their commitment and excellence to transform the way customers get work done using ServiceNow. We are excited to see the depth in ServiceNow skills and the in-region growth this union will create. Together Accenture and ServiceNow are delivering game-changing economics for the enterprise."
Nashco, headquartered in Alberta, Canada, was founded in 1993 and has had an exclusive focus on ServiceNow consulting, design, and implementation services for the ServiceNow IT Service Management Suite since 2008. It has grown to be a leading ServiceNow partner and a leader in the Canadian market.
“Since our founding, we have not been afraid to embrace new directions and emerging technologies that continue to re-shape our industry,” said Ken Stainsby, Founder and CTO of Nashco. “By joining forces with Accenture, our clients will be able to solve their IT business challenges more rapidly by leveraging Accenture’s deep industry expertise and breadth of solutions that are needed in the ever-evolving cloud services environment.”
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Accenture (ACN) to Acquire Seabury Group's Corporate Advisory and Aviation Consulting Business; Terms Not Disclosed
- Intricon Corporation (IIN) Exercises Option to Acquire Remaining 80% Stake in Hearing Help Express
- Wix.com (WIX) to Acquire flok
Create E-mail Alert Related CategoriesCorporate News, Management Comments, Mergers and Acquisitions
Related EntitiesEarnings, Definitive Agreement
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!