Accenture agreed to acquire Umlaut, the networks benchmarking company based in Germany. The company expects this deal to significantly scale its engineering functionalities to help companies use digital technologies like cloud, artificial intelligence, and 5G to transform how they design, engineer and manufacture their products as well as embed sustainability.
While Umlaut may be best known for its telecom networks comparison tests, the company offers a wide range of test and engineering services, also for industries such as automotive, aerospace & defense, and energy and utilities. The acquisition will add more than 4,200 engineers and consultants across 17 countries to Accenture’s Industry X services.
Industry X combines Accenture’s data and digital functionalities with deep engineering expertise to offer clients services for digitising their engineering functions, factory floors and plant operations, improving productivity, speeding up the transformation of hardware into software-enabled products, and allowing for faster and more flexible product development.
Umlaut will be next in a series of 22 acquisitions Accenture has made since 2017 to build its Industry X functionalities. More recent acquisitions include operations technology provider Electro 80 (Australia), industrial robotics and automation services provider Pollux (Brazil), operations consultancy Myrtle (US) and technology consultancy SALT Solutions (Germany).
The acquisition's completion is subject to customary closing conditions. The acquisition's financial terms were not disclosed.
