About This Deal

Accenture plc acquired Search Technologies, a transaction announced in August 2017.

Search Technologies operates in Analytics, is based in Herndon, Virginia, USA. Search Technologies, headquartered in Herndon, Virginia, was a specialist in enterprise search and content analytics with nearly 200 engineers across the U.S., Costa Rica, Europe and the Philippines. It joined Accenture Analytics to help clients make unstructured content — social, video and voice — searchable and to apply machine learning for sharper, more precise insight.

Accenture bought the firm to strengthen its ability to help clients exploit data of any format and generate more actionable insights.

Accenture Analytics

Deal Terms

Acquirer
Accenture plc
Target
Search Technologies
Value
Not disclosed
Date
August 2017
Type
Full acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Herndon, Virginia, USA
Segment
Analytics
Announced
August 3, 2017

In Their Words

With the addition of Search Technologies' capabilities, we are in an even stronger position to help organizations take advantage of their data, regardless of format, to generate more precise and actionable insights.Narendra Mulani, Chief Analytics Officer, Accenture Analytics

Advisors

Advisory firms were not disclosed for this transaction.

Sources: Press release ↗

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