Mergers and Acquisitions, Mergers and Acquisitions, Content

Accenture Acquires Google Cloud Partner Wabion

Accenture has acquired Google Cloud services provider and consulting firm Wabion. Financial terms of the deal were not disclosed.

This is technology M&A deal number 416 that ChannelE2E has covered so far in 2021.

Wabion, founded in 2004, is a Google Cloud Premier partner. Wabion's 60 employees will tuck into Accenture’s Google Cloud Business Group, part of Accenture Cloud First, the buyer says.

Headquartered in Esslingen, Germany and Olten, Switzerland, Wabion provides consulting and implementation services for Google Cloud Platform and Google Workspace solutions, including integration, development, licensing and training.

Accenture Acquires Wabion: Executive Insight

Karthik Narain, global lead, Accenture Cloud First
Karthik Narain, Global Lead, Accenture Cloud First
Volkmar Binder, co-founder and partner, Wabion

In a prepared statement about the deal, Karthik Narain, global lead of Accenture Cloud First, said:

“Cloud is where all breakthrough technology innovations are happening today and a cloud-first strategy can help any enterprise master change at speed and at scale. Wabion’s market-leading Google Cloud skills will further strengthen Accenture Cloud First to continue to combine the best of Google human-centric design and innovation with Accenture intelligence.”

Frank Riemensperger, market unit lead for Accenture in Germany, Austria, Switzerland and Russia, added:

“Acquiring Wabion strengthens both our global and local Cloud First capabilities, enabling clients throughout our region to create more value and accelerate their digital transformations. The combination of Wabion’s expertise with Accenture’s industry knowledge and end-to-end business transformation experience will help clients within the DACH market tap into local talent in addition to the vast resources of our Accenture Google Cloud Business Group.”

Volkmar Binder, co-founder and partner at Wabion, concluded:

“As part of Accenture Cloud First, we will broaden our impact across new markets and industries by further developing and expanding specialized services for Google products from cloud platforms, data and machine learning to cloud security and cloud automation.”

Accenture’s Ongoing Shopping Spree

Accenture in 2020 announced the creation of Accenture Cloud First, a multi-service group of 70,000 cloud professionals, as well as a $3 billion investment over three years to rapidly expand its cloud service capabilities and offerings.

Accenture Cloud First integrates the company’s cloud expertise to help clients accelerate their digital transformation.

Recent additions to the Cloud First division came in the form of acquisitions like CS Technology and Trivadis AG, both in July 2021.