Accenture to Acquire Cabel Industry, Enhancing Financial Services Capabilities in Italy
Accenture (NYSE: ACN) has entered into an agreement with the Fibonacci Group to acquire Cabel Industry, an Italian tech company that provides specialized core banking and IT managed services to mid-size financial institutions. The acquisition will enhance the managed services portfolio of Accenture Financial Advanced Solutions & Technology (AFAST).By integrating Cabel Industry’s capabilities—along with its approx. 200 skilled professionals—AFAST will be “positioned to deliver IT solutions for the banking an ...