Accenture (NYSE: ACN) has agreed to acquire Solnet, an IT services provider with deep technology consulting experience for New Zealand government and private organizations across multiple industries. Terms of the transaction were not disclosed.
With headquarters in Wellington, New Zealand, Solnet’s team of more than 100 technologists will join Accenture. Solnet’s services and solutions will bolster Accenture’s local cloud and infrastructure engineering offerings, helping clients tap into a full continuum of technical capabilities to accelerate their digital transformation.
“Cloud is the most powerful tool for organizations to scale rapidly and navigate change. Solnet brings its extensive experience and strong client relationships. Accenture brings vast global cloud, data and AI resources. This is a winning combination for New Zealand organizations to digitize faster and become more resilient,” said Andy Tay, global lead of Accenture Cloud First.
Solnet offers end-to-end consulting, solutions development and managed services & operations, which enable it to support long term engagements. Its advisory services focus on developing strategies and delivering the potential of new technologies. Solnet is also a local leader in intelligent automation, with solutions to help clients design, automate and optimize complex business processes.
Peter Burns, who leads Accenture’s business in Australia and New Zealand, said, “New digital technologies are driving productivity across private and public organizations, helping Aotearoa New Zealand to be more competitive in the global economy and improving the services offered to New Zealanders. Solnet has developed an impressive solution design and delivery skillset in this space, and they have a strong heritage of delivering large scale projects. Having the Solnet team join us brings more talented support for our clients to meet their growth objectives and modernize their technology systems for the future.”
Mark Botherway, managing director at Solnet, said, “For 20 years, we’ve built an impressive team of technically skilled and deeply experienced talent. Joining Accenture now gives our people global growth opportunities to broaden their exposure and career potential. We will continue to offer our clients the personalized experience, quality service and support they know and expect. Lastly, we look forward to growing with Accenture and continuing to accelerate critical business goals for our clients as we add global strength to our local roots.”