Accenture Closes Acquisition

Accenture Closes Acquisition

Accenture Ltd. of Hamilton, Bermuda, has acquired San Francisco-based Epylon Corp., a supplier of electronic procurement solutions for government and education.

The acquisition was completed shortly before Accenture's initial public offering July 19. The financial terms of the deal were not disclosed.

Epylon's senior management and all its employees were offered employment, Accenture said. The company will operate under the name Epylon, and Accenture partner Jay Mohr will become the acting chief executive.

In an unrelated announcement, Accenture said it is reducing its staff by approximately 1,500, or about 2 percent of its global work force of 75,000. It also is expanding its new sabbatical program to temporarily idle about 1,000 employees in Europe and Asia.

The permanent staff reduction will affect about 1,000 consulting personnel, mostly in the United States, and about 500 support personnel worldwide. The company also will delay the start dates of about 1,000 new consultants.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.