Assystem made a tuck-in acquisition with British risk management firm, Corporate Risk Associates (RCA). As its name suggests, RCA is a risk consultancy that is active across several sectors (including nuclear, oil & gas, defense).
Accenture Acquires in PLM Services with A PTC Specialist
Accenture made a rare acquisition in PLM services for its Industry X.0 unit. The company is to acquire a Torino-headquartered PTC partner, PLM Systems. PLM Systems is a small firm and has 30 consultants
Accenture Industry X.0 Makes Another Acquisition in Digital Manufacturing
Accenture made another acquisition for its Industry X.0 unit. The newly acquired firm is Callisto Integration, an industrial IT specialist that is headquartered in Oakville, Ontario.
Tuck-In Acquisitions Continue Despite the Stock Markets Melt-Down
Despite the stock market melt-down, ER&D vendors have continued to make tuck-in acquisitions in the past two weeks. The acquired firms were of small size and not likely to impact the net debt of their new owners. However, should the Covid-19-China-US trade-war-Stock Markets meltdown-oil price crisis degenerate into a recession, we expect suck tuck-in acquisitions to become scarce.
What An Economic Recession Means to the ER&D Industry
The US Federal Reserve yesterday lowered “the target range for the federal funds” by 50 bps to 1%-1.25%. Although the “fundamentals of the US economy remain strong,” “the coronavirus poses evolving risks to economic activity,” communicated the Fed.
Tech Mahindra To Acquire a Semiconductor Engineering Firm
Tech Mahindra made a surprise move in semiconductor engineering services. The company is to acquire Cerium
Sweco Acquires An Architecture Bureau in Belgium
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AFRY Acquires A Security Management Unit in Norway
AFRY, the former ÅF Pöyry, made another tuck-in acquisition, in line with its strategy to strengthen its current businesses. The company acquired Norway-headquartered One World.
Ricardo Sells Dolphin N2 to CNH Industrial
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Belcan Acquires in Software Engineering
Belcan strengthened its software engineering capabilities with the acquisition of Base2 Solutions, a firm headquartered in Bellevue, WA and with an office in California. Base2 has a similar client base to Belcan, with major clients including Boeing, Thales, and L3Harris in aerospace and defense.
Accenture Acquires Two Firms in October YTD
It has been almost three years since Accenture launched Industry X.0, and we estimate that Accenture acquired nine competitors in these 36 months. The pace is accelerating with Accenture having five competitors in 2019, YTD.
Alten accelerates its effort on Industry 4.0
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UPDATED: Accenture’s ambitions in ER&D services
Last year, we had commented about Accenture’s ambitions in the ER&D space, through its Industry X.0 unit.
GlobalLogic makes a rare acquisition with Skookum
GlobalLogic announced a rare acquisition. The company took over Skookum, a digital agency headquartered in Charlotte, NC.
ÅF resumes tuck-in M&As, Belcan expands in UK, and HCL Tech strengthens its semiconductor capabilities
HCL Tech, ÅF, and Belcan have announced tuck-in acquisitions in the past week.
AI Industrial Partners continues to grow Gryphon
AE Industrial Partners continues to scale up its investment in its various engineering and IT services units, which include Belcan, CDI, and Gryphon Technologies
QuEST Global expands in supply chain services for the aerospace industry
We missed an important acquisition that QuEST Global announced at the end of June. QuEST has acquired Dakota Moon Enterprises (DME).
Ricardo makes a second acquisition in Australia
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Assystem acquires ASCO to strengthen its project management capabitilies
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Tieto to acquire EVRY. A few thoughts about its ER&D business
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Key questions about Capgemini’s acquisition of Altran
We continue to reflect on Capgemini’s acquisition of Altran.
PTC makes an AR/VR services acquisition
On the same week Dassault Systemes made its largest acquisition ever, PTC acquire a small Netherlands-based IT services firm that is specialized in creating AR-based use cases. TWNKLS has a headcount of 36.
Wipro makes surprise acquisition. Acquires a CAD/PLM data integration specialist
We had to look back into our database to identify when Wipro had, for the last time, acquired an ER&D service vendor. In 2005-2006, Wipro acquired three ER&D services (Saraware, NewLogic, and Quantec) around semi-conductors and PLM services. And then, nothing for the following thirteen years.
Sweco acquires IMP GmbH
05, 2019
Infrastructures, Sweco
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Ricardo makes a railway engineering acquisition in Australia
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