The Hackett Group to Ring NASDAQ Opening Bell Celebrating Acquisition of Gen AI Development Company LeewayHertz
The Hackett Group (NASDAQ: HCKT) will ring the Nasdaq Opening Bell on November 15, 2024, celebrating its acquisition of Gen AI development firm LeewayHertz. The acquisition integrates LeewayHertz's Gen AI development capabilities and ZBrain™ platform with The Hackett Group's intellectual property and AI XPLR™ platform, creating a comprehensive end-to-end AI solution. The ceremony will be led by Ted Fernandez, Chairman and CEO of The Hackett Group, alongside LeewayHertz CEO Akash Takyar and other executives. The acquisition aims to enhance consulting services and software platforms, boosting AI implementation capabilities and enabling clients to better leverage their data for innovation and productivity.
Il Hackett Group (NASDAQ: HCKT) suonerà la campana di apertura del Nasdaq il 15 novembre 2024, celebrando l'acquisizione della società di sviluppo Gen AI LeewayHertz. L'acquisizione integra le capacità di sviluppo Gen AI di LeewayHertz e la piattaforma ZBrain™ con la proprietà intellettuale del Hackett Group e la piattaforma AI XPLR™, creando una soluzione AI completa dall'inizio alla fine. La cerimonia sarà guidata da Ted Fernandez, Presidente e CEO del Hackett Group, insieme al CEO di LeewayHertz, Akash Takyar, e ad altri dirigenti. L'acquisizione mira a migliorare i servizi di consulenza e le piattaforme software, potenziando le capacità di attuazione dell'AI e consentendo ai clienti di sfruttare meglio i loro dati per l'innovazione e la produttività.
El Hackett Group (NASDAQ: HCKT) sonará la campana de apertura del Nasdaq el 15 de noviembre de 2024, celebrando su adquisición de la empresa de desarrollo de Gen AI, LeewayHertz. La adquisición integra las capacidades de desarrollo de Gen AI de LeewayHertz y la plataforma ZBrain™ con la propiedad intelectual del Hackett Group y la plataforma AI XPLR™, creando una solución integral de IA de extremo a extremo. La ceremonia será liderada por Ted Fernandez, Presidente y CEO del Hackett Group, junto al CEO de LeewayHertz, Akash Takyar, y otros ejecutivos. La adquisición tiene como objetivo mejorar los servicios de consultoría y las plataformas de software, aumentando las capacidades de implementación de IA y permitiendo a los clientes aprovechar mejor sus datos para la innovación y la productividad.
해킷 그룹 (NASDAQ: HCKT)은 2024년 11월 15일 나스닥 개장 종을 울리며 Gen AI 개발 기업인 LeewayHertz의 인수를 기념합니다. 이번 인수는 LeewayHertz의 Gen AI 개발 능력 및 ZBrain™ 플랫폼을 해킷 그룹의 지식 재산 및 AI XPLR™ 플랫폼과 통합하여 포괄적인 엔드 투 엔드 AI 솔루션을 만듭니다. 행사에는 해킷 그룹의 회장 겸 CEO인 테드 페르난데스와 LeewayHertz의 CEO인 아카시 타키야르 및 기타 임원들이 참석할 예정입니다. 이번 인수의 목표는 컨설팅 서비스와 소프트웨어 플랫폼을 향상시켜 AI 구현 능력을 증대시키고 고객이 혁신과 생산성을 위해 데이터를 더욱 잘 활용할 수 있도록 하는 것입니다.
Le Hackett Group (NASDAQ: HCKT) sonnera la cloche d'ouverture du Nasdaq le 15 novembre 2024, célébrant l'acquisition de l'entreprise de développement Gen AI LeewayHertz. Cette acquisition intègre les capacités de développement de Gen AI de LeewayHertz et la plateforme ZBrain™ avec la propriété intellectuelle de Hackett Group et la plateforme AI XPLR™, créant ainsi une solution AI complète de bout en bout. La cérémonie sera dirigée par Ted Fernandez, Président et CEO de Hackett Group, aux côtés du CEO de LeewayHertz, Akash Takyar, et d'autres dirigeants. L'acquisition vise à améliorer les services de conseil et les plateformes logicielles, renforçant les capacités d'implémentation de l'IA et permettant aux clients d'exploiter mieux leurs données pour l'innovation et la productivité.
Die Hackett Group (NASDAQ: HCKT) wird am 15. November 2024 die Nasdaq-Eröffnungsglocke läuten und damit den Erwerb des Gen AI-Entwicklungsunternehmens LeewayHertz feiern. Der Erwerb integriert die Gen AI-Entwicklungskapazitäten von LeewayHertz und die ZBrain™-Plattform mit dem geistigen Eigentum der Hackett Group und der AI XPLR™-Plattform und schafft eine umfassende End-to-End-AI-Lösung. Die Zeremonie wird von Ted Fernandez, Vorsitzender und CEO der Hackett Group, zusammen mit dem CEO von LeewayHertz, Akash Takyar, und weiteren Führungskräften geleitet. Ziel der Akquisition ist es, die Beratungsdienste und Softwareplattformen zu verbessern, die Fähigkeiten zur Implementierung von AI zu steigern und den Kunden zu ermöglichen, ihre Daten besser für Innovation und Produktivität zu nutzen.
- Strategic acquisition of LeewayHertz enhances AI capabilities
- Integration of complementary AI platforms (AI XPLR™ and ZBrain™)
- Expansion of service offerings to include end-to-end AI solutions
- None.
Insights
The LeewayHertz acquisition represents a strategic expansion in The Hackett Group's AI capabilities, particularly in the high-growth generative AI market. By combining Hackett's AI XPLR™ platform with LeewayHertz's ZBrain™, the company is positioning itself as an end-to-end AI solutions provider. This vertical integration strengthens their competitive advantage in the consulting space, allowing them to capture more value across the AI implementation chain.
The timing is particularly strategic as enterprises increasingly seek comprehensive AI solutions. This move should enhance revenue opportunities through expanded service offerings and cross-selling to existing clients. The bell-ringing ceremony, while ceremonial, highlights the company's commitment to establishing itself as a leading player in the enterprise AI consulting space.
Ted Fernandez, Chairman and CEO of The Hackett Group, will lead the bell-ringing ceremony at the Nasdaq MarketSite in
“This acquisition is meant to highly differentiate our consulting services and software platforms,” said Ted Fernandez, Chairman and CEO of The Hackett Group. “It significantly increases our AI implementation capabilities, and highly differentiates our AI XPLR™ ideation and evaluation platform. Integrating it with ZBrain™ will empower our clients to unlock the value of their data and result in new levels of innovation, customer experience and workflow productivity enabled by Gen AI-powered solutions.”
The Nasdaq Opening Bell Ceremony will begin at 9:20 a.m. ET. The event can be viewed live or via replay: https://www.nasdaq.com/marketsite/bell-ringing-ceremony.
About The Hackett Group®
The Hackett Group, Inc. (NASDAQ: HCKT) is an IP and platform-based Gen AI strategic consulting and executive advisory firm that enables Digital World Class® performance. Using AI XPLR™ and ZBrain™ – our ideation through implementation platforms – our experienced professionals help organizations realize the power of Gen AI and achieve quantifiable breakthrough results, allowing us to be key architects of their Gen AI journey.
Our expertise is grounded in unparalleled best practices insights from benchmarking the world’s leading businesses – including
About LeewayHertz
LeewayHertz is a provider of advanced Gen AI and blockchain solutions, specializing in scalable, enterprise-grade applications. The acquisition by The Hackett Group enhances The Hackett Group’s digital transformation offerings, particularly in AI development and advanced analytics.
Trademarks
The Hackett Group®, quadrant logo, and Digital World Class® are the registered marks of The Hackett Group®.
Cautionary Statement Regarding “Forward-Looking” Statements
This release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements including without limitation, words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” or other similar phrases or variations of such words or similar expressions indicating, present or future anticipated or expected occurrences or outcomes are intended to identify such forward-looking statements. Forward-looking statements are not statements of historical fact and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that may impact such forward-looking statements include without limitation, the ability of The Hackett Group to effectively market its digital transformation, our ability to transition our capabilities to support generative artificial intelligence (AI)-related consulting services and solutions and other consulting services, our ability to effectively integrate acquisitions, including the LeewayHertz acquisition into our operations, our ability to manage joint ventures and successfully cooperate with our joint venture partners, competition from other consulting and technology companies that may have or develop in the future, similar offerings, the commercial viability of The Hackett Group and its services as well as other risk detailed in The Hackett Group’s reports filed with the United States Securities and Exchange Commission. The Hackett Group does not undertake any duty to update this release or any forward-looking statements contained herein.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241114189194/en/
James McCusker
Canaan Parish Group
jmccusker@canaanparishgroup.com
+1 (203) 585-4750
Source: The Hackett Group, Inc.
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