Accenture (ACN) Completes Acquisition Of Pragsis Bidoop
Zacks Investment Research | Sep 11, 2019 08:50AM ET
Accenture (NYSE:ACN) yesterday announced that it has acquired Pragsis Bidoop — a provider of big data and AI solutions, machine learning and advanced predictive models. The financial terms of the deal have been kept under wraps.
Founded in 2004, Pragsis Bidoop has a diversified client base of Ibex-35 companies in Spain and multinational corporations with a presence in Mexico, Brazil and other Latin America. It serves a number of industries, which include banking and insurance, retail, energy, railway, public sector and pharma. The company is headquartered in Madrid and has additional offices in Barcelona and the U.K.
So far this year, we observe that shares of Accenture have gained 34.5% compared with 31.2% rise of the Zacks Investment Research
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