Narayan AmmachchiAccenture has acquired Brazilian information technology firm Concrete Solutions, which specializes in using agile and dev-ops methodologies to develop cloud and mobile applications.
Founded in 2001, Concrete Solutions is one of a few Brazilian software companies successfully tapping into the demand for digital transformation services.
With more than 400 employees, Concrete runs delivery centers in Rio de Janeiro, Sao Paulo, and Belo Horizonte.
The acquisition not only bolsters Accenture’s nearshore software development units but it also adds dozens of new clients to its Brazilian operations.
“Its experience in developing mobile applications using agile and dev-ops methodologies expands our expertise in leading-edge technologies and our ability to meet the growing demands of companies looking for the ideal partner in their digital transformation,” said Ansano Baccelli, a senior executive at Accenture in Brazil.
Accenture has a considerable footprint in Brazil, where two of its innovation centers, in Recife and Rio de Janeiro, are located. In addition, its digital agency, known as Accenture Interactive, has grown into a popular brand in the South American country since its acquisition of local rival AD.Dialeto.
In North America, the agency has delivered work for some of the world’s most recognized brands, including, Microsoft, HP Enterprise and HP Inc., Paypal, and eBay.
It is not clear how much Accenture has agreed to pay for Concrete Solutions, nor is there any information as to when the deal will be closed.
This is the second major acquisition in the Brazilian IT sector this month after CI&T snapped up Silicon Valley-based digital technology developer Comrade.
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