A Dozen M&A Deals That Reshaped The Channel In January
Submitted by Michael Novinson and Jimmy Sheridan on
Accenture
Company acquired: Altitude
Head count: 11-50 employees
Annual revenue: undisclosed
Purchase price: undisclosed
Date of announcement: Jan. 9
Accenture kicked off a busy month of acquisitions by purchasing Boston-based, privately owned design firm Altitude aiming to bolster its consumer insight, design and product engineering capabilities.
According to a statement from the Dublin, Ireland-based consultancy, the Altitude team will find its new home in Accenture's North American Connected Product Lifecycle Services practice.
Accenture will also use the acquisition to establish a Connected Products Studio in Boston, which is an emerging hub for IoT innovation, according to the company.