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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