Accenture completes acquisition of ESR Labs
Accenture has completed the acquisition of ESR Labs, a Munich-based company that develops embedded software for leading German car brands and suppliers. ESR Labs is joining Accenture Industry X.0, the part of Accenture that uses digital technologies to improve how companies design, engineer and manufacture products and services, and operate industrial facilities.
Accenture said the acquisition expands its capabilities to help automotive clients drive greater value from software. ESR Labs will team with two other German acquisitions for Industry X.0, strategic design consultancy designaffairs and technology consultancy Zielpuls, to develop mobility services for carmakers as well as smart connected solutions for medical technology, industrial equipment and high-tech companies.
ESR Labs is the latest acquisition 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 U.S. product innovation and engineering company Nytec and U.K. innovation firm Happen. In 2018, it bought U.S. embedded software specialist Pillar Technology and U.S. hardware engineering firm Mindtribe.
Terms of the ESR Labs transaction were not disclosed.
For more information, go to www.accenture.com.