Accenture Acquires Allgemeines Rechenzentrum GmbH (ARZ)

June 1, 2022

Accenture announced it is acquiring Allgemeines Rechenzentrum GmbH (ARZ), a Vienna- and Innsbruck-based technology services provider focused on banking in Austria. The deal is intended to expand Accenture’s cloud-based banking platform-as-a-service offerings and digital transformation capabilities across Europe.

Buyers
Accenture
Targets
Allgemeines Rechenzentrum GmbH (ARZ)
Sellers
Volksbanken Group, Hypobanken Group, other private banks
Industry
IT Services
Location
Austria
Transaction Type
Buyout

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