Accenture Completes Acquisition of Cygni to Expand its Cloud First and Software Engineering Capabilities
Accenture (NYSE: ACN) has successfully acquired Cygni, a cloud-native software development firm, to bolster its Cloud First initiative. The deal, announced on March 29, enhances Accenture's engineering capabilities by adding approximately 190 skilled developers specializing in cloud, data, and modernization solutions. Cygni, headquartered in Stockholm, has been recognized as a top workplace in Europe and Sweden, helping major brands in their digital transformation. The financial terms of the acquisition remain undisclosed.
- Acquisition enhances Accenture's Cloud First capabilities with 190 skilled developers.
- Cygni's expertise strengthens Accenture's cloud, data, and modernization solutions.
- Cygni's reputation as a top workplace may attract further talent to Accenture.
- None.
Accenture (NYSE: ACN) has completed its acquisition of Cygni, a cloud-native, full-stack development firm that helps companies transform their business through advanced technical software development services and innovative technical solutions. The terms of the transaction, which Accenture announced on March 29, were not disclosed.
Left to Right: Joel Hofgren, Cloud Infrastructure & Engineering lead at Accenture with Jon Persson, CEO and founder of Cygni (Photo: Business Wire)
With headquarters in Stockholm, and offices across Sweden and one office in Amsterdam, Netherlands, Cygni helps some of Sweden’s most recognized brands to transform digitally. The company was founded in 2006 with the vision to be the best place to work for highly skilled and ambitious software developers and has been recognized by 'The Great Place To Work Foundation' as the best workplace in Europe five times as well as the best workplace in Sweden for seven consecutive years. The acquisition adds approximately 190 software developers to Accenture Cloud First, bringing a highly skilled, cloud-native, full-stack engineering team with cloud, data, and modernization skills across multiple platforms and industries.
Cygni will further enhance the global capabilities of Accenture Cloud First. Powered by 70,000 cloud professionals, and a
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