Acquisition brings talented resources to global
clients in Japan while spurring innovation for local economic
growth
Accenture (NYSE: ACN) has agreed to acquire CLIMB, a technology
services provider specializing in system integration, IT
infrastructure management and operations, primarily in the Gunma
Prefecture. The acquisition of CLIMB brings more critical skills
for global organizations in Japan to navigate technology
change.
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Accenture has agreed to acquire CLIMB, a
technology services provider specializing in system integration, IT
infrastructure management and operations, primarily in the Gunma
Prefecture. (Photo: Business Wire)
In particular, CLIMB's expertise will accelerate application and
infrastructure modernization services for financial institutions
and government agencies to achieve digital transformation.
Accenture’s investment in CLIMB will also enable local teams to
continue to revitalize the local ICT (Information Communication
Technology) industry. Terms of the transaction were not
disclosed.
Since its establishment in 1989, CLIMB has demonstrated a high
level of expertise in multiple areas from the development of core
banking and mission-critical systems to the management and
operations of IT infrastructure for organizations, such as domestic
financial institutions, manufacturers, telecommunications carriers
and government agencies, mainly in Maebashi City, where the company
was founded. Currently, CLIMB has approximately 200 engineers who
are trained in cloud and security technologies and application
management services. The CLIMB engineers will join Accenture
Technology.
“There are many talented engineers in regional areas of Japan
who are leading digital transformation work," said Atsushi Egawa
who leads Accenture’s business in Japan. “Providing opportunities
for these individuals to shine on the global stage will help
elevate their skills to new heights, while at the same time
revitalizing the local economy. With a clear trend of people and
businesses returning to the domestic market, the vibrant growth of
local communities is essential for the sustainable development of
Japan. Adding the CLIMB team, who take an innovative and exemplary
approach especially to the financial industry, demonstrates how we
continue to invest in Japan. We are planting more local roots
through our team’s high value work in local communities.”
Oramu Kanai, CLIMB’s President, stated, "CLIMB's most important
management principle is 'maximizing employee happiness.’ Only when
every employee is happy can we provide rewarding work and
value-added services to our clients. By joining Accenture, our
people will have unprecedented growth and exposure opportunities.
With Accenture’s unique ability to resolve issues faced by clients
and society with a holistic approach, we will be able to maximize
the happiness of our people who, in turn, will contribute to the
further enhancement of the ICT industry in the region.”
Completion of the acquisition is subject to customary closing
conditions.
About CLIMB Since its founding in 1989, CLIMB has been
committed to its mission of making people's lives and society more
convenient through ICT, and making everyone in the world happier,
with the happiness of its employees as its highest objective. For
more information about CLIMB, please visit
https://www.climb-net.co.jp/
About Accenture Accenture is a leading global
professional services company that helps the world’s leading
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measure our success by the 360° value we create for our clients,
each other, our shareholders, partners and communities. Visit us at
www.accenture.com.
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