Accenture Completes Acquisition of Agilex, Enhancing Digital Capabilities and Agile Delivery for the U.S. Federal Market

From Accenture:

March 26, 2015

Accenture Completes Acquisition of Agilex, Enhancing Digital Capabilities and Agile Delivery for the U.S. Federal Market

ARLINGTON, Va.;  Mar. 26, 2015 – Accenture Federal Services (AFS) has completed its acquisition of Agilex Technologies, Inc. (Agilex), a provider of digital solutions for the U.S. federal government, enhancing Accenture’s digital capabilities in analytics, cloud and mobility for federal agencies.

The acquisition, first announced on February 9, 2015, advances AFS’s ability to help clients harness the power of emerging digital technologies and enable rapid, predictable systems deployment for the federal government’s most complex challenges.

“Digital technologies are fundamentally changing the way that government organizations operate and interact with citizens, patients, employees, suppliers, partners and other stakeholders,” said David Moskovitz, Accenture Federal Services chief executive. “Combining the Agilex and AFS digital capabilities and agile methods accelerates our ability to help our federal clients make the digital transformation journey and improve services and outcomes.”

Agilex brings to Accenture its unique mission focus and understanding of IT requirements of federal agencies. The company currently serves a number of federal departments and independent agencies, such as the Departments of Veterans Affairs, Homeland Security and Commerce.  Formerly a privately-held company, Agilex was recently named a 2014 Greater Washington Government Contractor of the Year.

A U.S. company with offices in Arlington, Va., Accenture Federal Services is a wholly owned subsidiary of Accenture LLP.  Accenture’s federal business has served every cabinet-level department and 30 of the largest federal organizations with clients at defense, intelligence, public safety, civilian and military health organizations.

Learn more about Accenture’s work with federal agencies, its global defense work, andDelivering Public Service for the Future.

About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with more than 323,000 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$30.0 billion for the fiscal year ended Aug. 31, 2014.  Its home page is www.accenture.com.

Accenture Digital, comprised of Accenture Analytics, Accenture Interactive and Accenture Mobility, offers a comprehensive portfolio of business and technology services across digital marketing, mobility and analytics. From developing digital strategies to implementing digital technologies and running digital processes on their behalf, Accenture Digital helps clients leverage connected and mobile devices; extract insights from data using analytics; and enrich end-customer experiences and interactions, delivering tangible results from the virtual world and driving growth. Learn more about Accenture Digital at www.accenture.com/digital.

Forward-Looking Statements
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the company’s profitability could suffer if its cost-management strategies are unsuccessful, and the company may not be able to improve its profitability through improvements to cost-management to the degree it has done in the past; the company’s business could be materially adversely affected if the company incurs legal liability; the company’s work with government clients exposes the company to additional risks inherent in the government contracting environment; the company might not be successful at identifying, acquiring or integrating businesses or entering into joint ventures; the company’s Global Delivery Network is increasingly concentrated in India and the Philippines, which may expose it to operational risks; changes in the company’s level of taxes, as well as audits, investigations and tax proceedings, or changes in the company’s treatment as an Irish company, could have a material adverse effect on the company’s results of operations and financial condition; as a result of the company’s geographically diverse operations and its growth strategy to continue geographic expansion, the company is more susceptible to certain risks; adverse changes to the company’s relationships with key alliance partners or in the business of its key alliance partners could adversely affect the company’s results of operations; the company’s services or solutions could infringe upon the intellectual property rights of others or the company might lose its ability to utilize the intellectual property of others; if the company is unable to protect its intellectual property rights from unauthorized use or infringement by third parties, its business could be adversely affected; the company’s ability to attract and retain business and employees may depend on its reputation in the marketplace; many of the company’s contracts include payments that link some of its fees to the attainment of performance or business targets and/or require the company to meet specific service levels, which could increase the variability of the company’s revenues and impact its margins; if the company is unable to collect its receivables or unbilled services, the company’s results of operations, financial condition and cash flows could be adversely affected; if the company is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; the company’s share price and results of operations could fluctuate and be difficult to predict; the company’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; any changes to the estimates and assumptions that the company makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; the company may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent annual report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.
 

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