CIMdata PLM Industry Summary Online Archive
1 October 2013
Acquisitions
Accenture Completes Acquisition of PRION Group
Accenture has completed its acquisition of PRION Group – a leading consulting and systems integrator that specializes in Siemens Product Lifecycle Management (PLM) Software. The acquisition strengthens Accenture’s PLM skills and enhances its ability to help clients deliver products to customers faster and more efficiently.
The acquisition expands Accenture’s end-to-end PLM offering by combining PRION Group’s full range of PLM services with Accenture’s existing PLM capabilities. PRION Group’s skilled workforce specializes in PLM strategy and process consultancy, system implementation, data migration, application management and PLM as a managed service. The combination of these skills with Accenture’s management consulting, technology and outsourcing capabilities aims to create a market-leading global PLM offering for manufacturing industries including industrial equipment, automotive, consumer goods, and aerospace and defense.
Accenture announced its agreement to acquire PRION Group on August 12, 2013.
Eric Schaeffer, senior managing director with Accenture, said: “The acquisition of PRION Group will enable Accenture to help our clients increase the return on investment in PLM by accelerating and optimizing their implementations, particularly in Europe and North America.”
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