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Accenture to Acquire AOX to Help Automotive Clients Develop Software-Defined Vehicles Faster

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Accenture (NYSE: ACN) has agreed to acquire AOX, a German embedded software specialist for automotive manufacturers and suppliers. The acquisition aims to enhance Accenture's capabilities in helping automotive clients develop software-defined vehicles. AOX, with over 50 skilled professionals, specializes in complex system architectures and high-performance software development. The company will integrate into Accenture's Industry X engineering team, strengthening their position in automotive software development from chip to cloud. AOX's expertise in high-performance computing and real-time operating systems will help automakers transition from traditional software engineering to integrated scalable architectures, enabling faster market entry and improved software features.

Accenture (NYSE: ACN) ha concordato di acquisire AOX, uno specialista tedesco nel software embedded per i produttori e i fornitori automobilistici. L'acquisizione mira a migliorare le capacità di Accenture nell'aiutare i clienti automobilistici a sviluppare veicoli definiti dal software. AOX, con oltre 50 professionisti altamente specializzati, è esperta in architetture di sistema complesse e nello sviluppo di software ad alte prestazioni. L'azienda si integrerà nel team di ingegneria Industry X di Accenture, rafforzando la loro posizione nello sviluppo di software automobilistico, dal chip al cloud. L'esperienza di AOX nel computing ad alte prestazioni e nei sistemi operativi in tempo reale aiuterà i produttori automobilistici a transitare dalla tradizionale ingegneria del software ad architetture scalabili integrate, consentendo un’entrata più rapida nel mercato e migliorando le funzionalità del software.

Accenture (NYSE: ACN) ha acordado adquirir AOX, un especialista alemán en software embebido para fabricantes y proveedores de la industria automotriz. La adquisición tiene como objetivo mejorar las capacidades de Accenture para ayudar a los clientes automotrices a desarrollar vehículos definidos por software. AOX, con más de 50 profesionales calificados, se especializa en arquitecturas de sistemas complejas y en el desarrollo de software de alto rendimiento. La compañía se integrará en el equipo de ingeniería Industry X de Accenture, fortaleciendo su posición en el desarrollo de software automotriz desde el chip hasta la nube. La experiencia de AOX en computación de alto rendimiento y sistemas operativos en tiempo real ayudará a los fabricantes de automóviles a hacer la transición de la ingeniería de software tradicional a arquitecturas escalables integradas, permitiendo una entrada más rápida al mercado y mejorando las características del software.

액센츄어 (NYSE: ACN)는 자동차 제조업체 및 공급업체를 위한 독일의 임베디드 소프트웨어 전문기업인 AOX 인수에 합의했습니다. 이번 인수는 액센츄어가 자동차 고객들이 소프트웨어 정의 차량을 개발하는 데 도움을 주는 능력을 강화하기 위한 것입니다. AOX는 50명 이상의 숙련된 전문가들을 보유하고 있으며, 복잡한 시스템 아키텍처 및 고성능 소프트웨어 개발을 전문으로 합니다. 이 회사는 액센츄어의 Industry X 엔지니어링 팀에 통합되어 칩에서 클라우드까지 자동차 소프트웨어 개발에서의 위치를 강화할 것입니다. AOX의 고성능 컴퓨팅 및 실시간 운영 체제에 대한 전문성은 자동차 제조업체들이 전통적인 소프트웨어 엔지니어링에서 통합 가능한 확장 아키텍처로 전환하는 데 도움을 줄 것이며, 이를 통해 시장 진입 속도를 높이고 소프트웨어 기능을 개선할 수 있습니다.

Accenture (NYSE: ACN) a convenu d'acquérir AOX, un spécialiste allemand du logiciel embarqué pour les fabricants et fournisseurs automobiles. Cette acquisition vise à renforcer les capacités d'Accenture à aider ses clients du secteur automobile à développer des véhicules définis par logiciel. AOX, avec plus de 50 professionnels qualifiés, est spécialisée dans les architectures de systèmes complexes et le développement de logiciels haute performance. L'entreprise sera intégrée à l'équipe d'ingénierie Industry X d'Accenture, consolidant ainsi leur position dans le développement de logiciels automobiles, du microprocesseur au cloud. L'expertise d'AOX en calcul haute performance et en systèmes d'exploitation en temps réel aidera les constructeurs automobiles à passer de l'ingénierie logicielle traditionnelle à des architectures scalables intégrées, permettant ainsi une entrée sur le marché plus rapide et des fonctionnalités logicielles améliorées.

Accenture (NYSE: ACN) hat sich verpflichtet, AOX, einen deutschen Spezialisten für Embedded Software für Automobilhersteller und -zulieferer, zu übernehmen. Mit dieser Akquisition will Accenture seine Fähigkeiten erweitern, um Automobilkunden bei der Entwicklung von softwaredefinierten Fahrzeugen zu unterstützen. AOX, das über 50 qualifizierte Fachkräfte verfügt, ist auf komplexe Systemarchitekturen und die Entwicklung von Hochleistungssoftware spezialisiert. Das Unternehmen wird in das Engineering-Team von Accenture für Industry X integriert und stärkt dadurch die Position im Bereich der automobilen Softwareentwicklung vom Chip bis zur Cloud. Die Expertise von AOX im Bereich Hochleistungsrechnen und in Echtzeitsystemen wird Automobilherstellern helfen, von der traditionellen Softwareentwicklung zu integrierten skalierbaren Architekturen zu wechseln, wodurch eine schnellere Markteinführung und verbesserte Softwarefunktionen ermöglicht werden.

Positive
  • Acquisition strengthens Accenture's position in the growing automotive software market
  • Adds over 50 highly skilled professionals to Accenture's engineering team
  • Expands client base to include major German car manufacturers
  • Enhances capabilities in high-performance computing and real-time operating systems
Negative
  • None.

Insights

The acquisition of AOX marks a strategic expansion in Accenture's automotive software capabilities, particularly in the growing software-defined vehicles (SDV) market. With over 50 skilled professionals and established relationships with major German automakers, AOX brings valuable expertise in embedded software and system architectures.

The deal strengthens Accenture's competitive position in the automotive tech sector, where software integration is becoming increasingly critical. The ability to develop software "from chip to cloud" enhances Accenture's full-stack offering, potentially leading to larger contracts and deeper client relationships in the $37 billion automotive software market.

While financial terms weren't disclosed, the acquisition's value lies in accelerating Accenture's automotive digital transformation capabilities and expanding its German market presence. The integration of AOX's specialized team should drive growth in Accenture's Industry X division, particularly as automakers increase investment in software-defined vehicle development.

VILLINGEN-SCHWENNINGEN, Germany--(BUSINESS WIRE)-- Accenture (NYSE: ACN) has agreed to acquire AOX, a German company specializing in embedded software for carmakers and their suppliers. The acquisition will enhance Accenture's capabilities to help automotive clients solve challenges they are facing in their transition to software-defined vehicles.

Accenture has agreed to acquire embedded software company AOX in Germany to help automotive companies and their suppliers develop software-defined vehicles (Graphic: Business Wire)

Accenture has agreed to acquire embedded software company AOX in Germany to help automotive companies and their suppliers develop software-defined vehicles (Graphic: Business Wire)

AOX designs and develops the complex system architectures and high-performance software that increasingly enable and define the performance and features of todays’ vehicles. The company has built a reputation for helping carmakers and suppliers master the shift from traditional software engineering to developing highly integrated scalable architectures. This shift is crucial for carmakers and suppliers to stay competitive, leading to a faster go-to-market strategy, with improved and less fault-prone software features and products.

“Software expertise is becoming the dominating factor in the auto market,” said Christof Horn, who leads the automotive practice of Accenture’s digital engineering and manufacturing service, Industry X, in Europe. “This is where AOX excels. The company’s expertise in high-performance computing, real-time operating systems and the entire software development process makes them an ideal addition to Accenture. The AOX team will become another pillar of the automotive technology powerhouse Accenture has been building over the past years.”

Christina Raab, market unit lead for Accenture in Germany, Austria and Switzerland, added: “Automotive companies are looking for new types of providers that bring deep software architecture expertise and the ability to execute projects across the entire product lifecycle, cost-efficiently and at scale. In combining AOX’s and Accenture’s capabilities we will form a strong player that develops software from the chip to the cloud, covering the complete life cycle from architecture design to maintenance. This acquisition demonstrates our commitment to build long-lasting strategic relationships with our clients and support them along the complex Automotive Software value chain.”

AOX’s clients are major German car manufacturers and large automotive suppliers. The company is headquartered in Villingen-Schwenningen, Germany, and has offices in Karlsruhe, Rosenheim, and Wetzlar. Its team of more than 50 highly skilled professionals will become part of Accenture’s Industry X engineering team.

Rainer Oder, co-founder and CEO of AOX, commented: “As part of Accenture, we can create exciting new opportunities for our employees and provide the expertise and talent our clients need for major transformation projects. This will help them tackle complex software challenges in the concept phase of products and drive innovation throughout the entire lifecycle. Accenture’s scale and service portfolio will enable us to deliver software solutions to clients globally in the automotive industry and other embedded software-heavy sectors such as medical technology.”

Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: Accenture and AOX will not be able to close the transaction in the time period anticipated, or at all, which is dependent on the parties’ ability to satisfy certain closing conditions; the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; risks and uncertainties related to the development and use of AI could harm the company’s business, damage its reputation or give rise to legal or regulatory action; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture’s debt obligations could adversely affect its business and financial condition; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; as a result of Accenture’s geographically diverse operations and strategy to continue to grow in key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture's services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 774,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at accenture.com.

Copyright ©2024 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.

Jens Derksen

Accenture – Global Media Relations

+49 175 5761393

jens.derksen@accenture.com

Yvonne Bernerth

Accenture – ASG Media Relations

+49 175 5767469

yvonne.bernerth@accenture.com

Source: Accenture

FAQ

What is the purpose of Accenture (ACN) acquiring AOX?

Accenture is acquiring AOX to enhance its capabilities in helping automotive clients develop software-defined vehicles, specifically focusing on embedded software development and complex system architectures.

How many employees will join Accenture (ACN) from AOX?

More than 50 highly skilled professionals from AOX will join Accenture's Industry X engineering team.

Where is AOX located and what are its main operations?

AOX is headquartered in Villingen-Schwenningen, Germany, with offices in Karlsruhe, Rosenheim, and Wetzlar. The company specializes in embedded software development for automotive manufacturers and suppliers.

What specific expertise does AOX bring to Accenture (ACN)?

AOX brings expertise in high-performance computing, real-time operating systems, and integrated scalable architectures for automotive software development.

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