Accenture plc acquired umlaut, a transaction completed in October 2021.
umlaut operates in Industry X, is based in Aachen, Germany (4,200 staff across 17 countries). umlaut was an engineering consulting and services firm headquartered in Aachen, Germany, with more than 4,200 engineers and consultants across 17 countries and work spanning automotive, aerospace and defense, telecommunications, energy and utilities. It joined Accenture's Industry X practice to scale engineering, R&D and connected-product capabilities.
Accenture argued digital would ultimately be applied at scale to the design, engineering and manufacturing of clients' products, and used umlaut to bring that engineering depth to Industry X.
Accenture Industry X
We predicted that digital would ultimately be applied at scale to the core of a company's business – the design, engineering and manufacturing of their products.Julie Sweet, Chief Executive Officer, Accenture
Business leaders across many industries who face the convergence of the digital and the product world are looking for a trusted partner that understands their language and can really help navigate each step of the journey to bring tangible outcomes in engineering and manufacturing.Marc Peter Althoff, Chief Technology Officer, umlaut
Advisory firms were not disclosed for this transaction.