Accenture Completes Acquisition of PRION Group

Accenture Press Release:

October 01, 2013

Accenture Completes Acquisition of PRION Group

Added capabilities strengthen global PLM offering for a range of manufacturing industries, including industrial equipment, automotive, consumer goods, and aerospace and defense

STUTTGART; Oct 1, 2013 – Accenture (NYSE: ACN) has completed its acquisition of PRION Group – a leading consulting and systems integrator that specializes in Siemens Product Lifecycle Management (PLM) Software. The acquisition strengthens Accenture’s PLM skills and enhances its ability to help clients deliver products to customers faster and more efficiently.

The acquisition expands Accenture’s end-to-end PLM offering by combining PRION Group’s full range of PLM services with Accenture’s existing PLM capabilities. PRION Group’s skilled workforce specializes in PLM strategy and process consultancy, system implementation, data migration, application management and PLM as a managed service. The combination of these skills with Accenture’s management consulting, technology and outsourcing capabilities aims to create a market-leading global PLM offering for manufacturing industries including industrial equipment, automotive, consumer goods, and aerospace and defense.

Accenture announced its agreement to acquire PRION Group on August 12, 2013.
Eric Schaeffer, senior managing director with Accenture, said: “The acquisition of PRION Group will enable Accenture to help our clients increase the return on investment in PLM by accelerating and optimizing their implementations, particularly in Europe and North America.”

About Accenture 
Accenture is a global management consulting, technology services and outsourcing company, with approximately 275,000 people serving clients in more than 120 countries. 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. The company generated net revenues of US$28.6 billion for the fiscal year ended Aug. 31, 2013. Its home page is www.accenture.com