These days, with waning demand for generalist management consulting, some larger global consultancies have been scrambling to acquire more specialist know-how in terms of industry, business process outsourcing (BPO), regional reach, etc. Mergers and acquisitions (M&A) are seen as a growth engine. Most recently, Accenture announced the acquisition of the industrial/embedded software development and services operations of a Hungarian software development and engineering services firm evopro group.
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evopro group . Accenture expects the deal, whose terms were not disclosed, will help its clients in their industrial software development efforts, and will also strengthen its own mobile software development abilities. Founded in 2001, evopro operates in Germany, Hungary, Romania, and Turkey, and has over 1,000 employees. At around the same time, Wipro announced the acquisition of Opus CMC , a provider of services for analyzing and managing mortgage-related risk. The $75 million deal is expected to