Accenture to Acquire CLIMB to Expand Technology Capabilities

Acquisition brings talented resources to global clients in Japan while spurring innovation for local economic growth

Accenture (NYSE: ACN) has agreed to acquire CLIMB, a technology services provider specializing in system integration, IT infrastructure management and operations, primarily in the Gunma Prefecture. The acquisition of CLIMB brings more critical skills for global organizations in Japan to navigate technology change.

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Accenture has agreed to acquire CLIMB, a technology services provider specializing in system integration, IT infrastructure management and operations, primarily in the Gunma Prefecture. (Photo: Business Wire)

In particular, CLIMB's expertise will accelerate application and infrastructure modernization services for financial institutions and government agencies to achieve digital transformation. Accenture’s investment in CLIMB will also enable local teams to continue to revitalize the local ICT (Information Communication Technology) industry. Terms of the transaction were not disclosed.

Since its establishment in 1989, CLIMB has demonstrated a high level of expertise in multiple areas from the development of core banking and mission-critical systems to the management and operations of IT infrastructure for organizations, such as domestic financial institutions, manufacturers, telecommunications carriers and government agencies, mainly in Maebashi City, where the company was founded. Currently, CLIMB has approximately 200 engineers who are trained in cloud and security technologies and application management services. The CLIMB engineers will join Accenture Technology.

“There are many talented engineers in regional areas of Japan who are leading digital transformation work," said Atsushi Egawa who leads Accenture’s business in Japan. “Providing opportunities for these individuals to shine on the global stage will help elevate their skills to new heights, while at the same time revitalizing the local economy. With a clear trend of people and businesses returning to the domestic market, the vibrant growth of local communities is essential for the sustainable development of Japan. Adding the CLIMB team, who take an innovative and exemplary approach especially to the financial industry, demonstrates how we continue to invest in Japan. We are planting more local roots through our team’s high value work in local communities.”

Oramu Kanai, CLIMB’s President, stated, "CLIMB's most important management principle is 'maximizing employee happiness.’ Only when every employee is happy can we provide rewarding work and value-added services to our clients. By joining Accenture, our people will have unprecedented growth and exposure opportunities. With Accenture’s unique ability to resolve issues faced by clients and society with a holistic approach, we will be able to maximize the happiness of our people who, in turn, will contribute to the further enhancement of the ICT industry in the region.”

Completion of the acquisition is subject to customary closing conditions.

About CLIMB

Since its founding in 1989, CLIMB has been committed to its mission of making people's lives and society more convenient through ICT, and making everyone in the world happier, with the happiness of its employees as its highest objective.

For more information about CLIMB, please visit https://www.climb-net.co.jp/

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 742,000 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. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, 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 www.accenture.com.

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. 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