Accenture Acquires Ariba's Sourcing Services and BPO Assets
Accenture is enhancing its sourcing and procurement services by acquiring the sourcing services and business process outsourcing (BPO) services assets of Ariba, a provider of collaborative business commerce solutions, for US$51m. Under the terms of the agreement, Accenture will take ownership of these assets, which include Ariba’s category expertise, sourcing process expertise and strategic sourcing execution resources.
The acquisition, which is subject to customary closing conditions, is expected to close within Ariba’s quarter ending in December. Ariba will retain its sourcing technology and the resources within its global services organisation that are dedicated to software implementation and will continue to provide customers with services that enable them to maximise their use of Ariba’s solutions and the results that they deliver.
“Ariba is a leader in spend management and this acquisition will extend and strengthen Accenture’s existing sourcing and procurement services by adding deeper category expertise, highly scalable global sourcing service delivery operations and proprietary sourcing databases, benchmarks and technologies,” said Mike Salvino, group chief executive officer (CEO), BPO, Accenture. “We continue to invest in our core BPO business by adding new capabilities that combine both our BPO and management consulting offerings to create value for the Ariba customer base and all of our clients.”