Accenture Signs Agreement to Acquire SOPIA, Japanese Company Specializing in Integrating Oracle Solutions
TOKYO; April 3, 2008 "(PressReleasePoint)"-- Accenture (NYSE: ACN) has signed an agreement to acquire SOPIA Corporation, a privately-held consulting and IT solutions company, specializing in Oracle systems integration, based in Tokyo. Terms of the deal were not disclosed.
The acquisition will extend Accenture’s Oracle capabilities in Japan, where Accenture is seeing increasing demand for ERP services. With a customer base that focuses on manufacturing, distribution, and logistics, SOPIA is recognized for its Oracle skills and expertise in supply chain management (SCM).
“This acquisition will enable Accenture to expand its systems integration capabilities in Japan,” said Karl-Heinz Floether, Group Chief Executive of Systems Integration, Technology & Delivery at Accenture. “Japanese clients will benefit from Accenture’s business and industry consulting capabilities, industrialized delivery methodologies, and global reach, and SOPIA’s skills across the entire Oracle suite, and supply chain management software packages.”
SOPIA, which was founded in 1984 and has become a well known provider of Oracle solutions in Japan, will become part of the Accenture Systems Integration & Technology organization in Japan. SOPIA will continue to serve their clients in the Japanese market.
The company has capabilities in Oracle E-Business suite, Oracle JD Edwards, and Infor WM4000 and Infor WM9.0 (a supply chain management system), with a diversified portfolio of clients across a number of the industries that Accenture serves. SOPIA is a strategic Oracle partner in Japan and has received several awards from Oracle in recognition of its systems integration skills.
The acquisition is subject to customary closing conditions and is expected to close within 30 days.
About Accenture
Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With 178,000 people in 49 countries, the company generated net revenues of US$19.70 billion for the fiscal year ended Aug. 31, 2007. Its home page is www.accenture.com.
Contact(s):
Ed Trapasso
Accenture
+1 (917) 452 3555
ed.trapasso@accenture.com
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