Accenture completes acquisition of Germany’s ESR Labs
Global consultancy and outsourcing giant Accenture announced that it has completed its acquisition of Munich-based ESR Labs. In a statement, Accenture said the acquisition expands its capabilities to help automotive clients drive greater value from software.
ESR Labs, which develops embedded software for leading German car brands and suppliers, is now joining Accenture Industry X.0, the part of the company that uses digital technologies for clients in the manufacturing industry. Financial details of the acquisition were not disclosed.
ESR Labs is the latest of several acquisitions that Accenture has made to strengthen Industry X.0. In February, it bought VanBerlo, a Dutch product design and innovation agency. In 2019, it acquired US product innovation and engineering company Nytec and UK innovation firm Happen.
