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Accenture completes acquisition of IT services provider Trivadis' ops in Romania

Accenture completes acquisition of IT services provider Trivadis' ops in Romania Accenture to acquire Trivadis Source: Accenture

BUCHAREST (Romania), July 29 (SeeNews) - Irish-based consulting and processing services provider Accenture said on Thursday that it has completed the acquisition of the operations of IT services provider Trivadis in Romania, Switzerland, Germany, Austria and Denmark.

"Trivadis is now part of Accenture," Accenture said in a press release.

The financial terms of the deal announced on July 1 were not disclosed.

"Acquiring Trivadis will strengthen our ability to help clients blend data from different sources together in real-time, build agile reporting, and leverage analytics and AI to create broadly accessible customer, market and operational insights that deliver meaningful business outcomes," global lead for Accenture Cloud First Karthik Narain said on July 1.

More than 710 professionals employed by Glattbrugg, Switzerland-headquartered Trivadis in the five countries will join Accenture’s Data & AI team within the Accenture Cloud First group.

Founded in 1994 in Switzerland, Trivadis has worked with clients across industries including the public sector, automotive and life science industries. Its Romanian subsidiary Trivadis Services SRL was established in 2019 in Bucharest.

Accenture is an Irish-domiciled multinational company that provides consulting and processing services which employs over 569,000 in more than 120 countries.

Accenture established its first operations centre in Romania in 2016 and currently employs over 3,000 in Bucharest, Cluj, Timisoara, Tirgu-Mures, Iasi, and Brasov, according to its website.