Accenture Buys Xoomworks Group - Quick Facts

(RTTNews) - Accenture (ACN) announced the acquisition of Xoomworks Group, a consulting and technology company that specializes in procurement technology, digital innovation and software solutions development. Terms of the deal were not disclosed.

Headquartered in London, Xoomworks operates two distinct businesses: Xoomworks Procurement, a specialist consultancy focused on sourcing and procurement transformation, and Xoomworks Technology, a software development business.

Accenture said the acquisition will expand the company's capabilities for helping clients accelerate technology-led business and procurement transformation.