Marsh & McLennan's (MMC) Oliver Wyman Acquires LShift Limited

December 1, 2016 2:00 PM EST

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Oliver Wyman, has acquired the business of LShift Limited, an independent software development company, to boost Oliver Wyman Labs, its technology and data offering. The newly combined Oliver Wyman business of dedicated specialists further enhances its expertise and its ability to use innovative approaches to technology and data to drive business impact for clients.

Paul Beswick, Partner and Global co-Head of Oliver Wyman Labs, says: “The mission of Oliver Wyman Labs is to help clients achieve competitive advantage and sustained impact through the power of the information they have, or could capture. With the acquisition of LShift’s business we will be able to further enhance this offering, helping clients on the path to becoming knowledge-powered businesses.”

Andy Wilson, Chairman of LShift, says: "As one of the first companies to use agile methods and empowered engineers to successfully manage large, complex projects with small teams, we are in a unique position to work with Oliver Wyman and take our combined approach to technology to a larger market, helping clients thrive through digital innovation.”

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Management Comments, Mergers and Acquisitions

Related Entities

Twitter, Definitive Agreement