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Accenture Closes Acquisition of Swedish Software Engineering Services Firm Cygni
Thursday 22 April 2021

Dublin-based professional services company Accenture (NYSE: ACN) has closed the acquisition of Sweden-based cloud native full-stack development firm Cygni, the firm said.

Cygni helps companies transform their business through advanced technical software development services and technical solutions.

Terms of the transaction were not disclosed.

With experience across multiple industry sectors from communications to utilities and in digital-led projects for the national government, Cygni helps some of the country's most recognized brands to transform digitally. Cygni will further enhance the global capabilities of Accenture Cloud First.

Cygni has approximately 190 developers who provide a range of IT consulting and implementation services across the complete technology stack, including serverless and cloud.

Cygni was founded in 2006. With headquarters in Stockholm, Cygni has offices across Sweden including Gothenburg, Linkoping, Malmoe, Lulea and Ostersund, as well as an office in Amsterdam, Netherlands.

Accenture recently announced the creation of Accenture Cloud First, a new multi-service group of 70,000 cloud professionals, and a USD 3bn investment over three years to rapidly expand its cloud service capabilities and offerings.
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Date Published: 22/04/2021

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