133023 Resource 125361 126221 200444 1152121137826 1214506970096 Controlled Accenture to Acquire Random Walk

Global management consulting firm to expand capabilities in financial technology

Accenture has agreed to acquire Random Walk Computing, Inc., a technology&nbsp;consulting firm specializing in trading system applications, risk management systems and other technologies&nbsp;for&nbsp;financial services institutions.&nbsp; According to <a title="Accenture Press Release" href="http://www.accenture.com/xd/xd.asp?it=enweb&xd=_dyn/dynamicpressrelease_1020.xml&c=fs_rdmil1_0606&n=il1-1" target="_blank">Accenture's announcement</a>, the acquisition will &quot;expand Accenture&rsquo;s custom software integration and development capabilities for financial institutions that trade in stocks, bonds and derivative products.&quot;&nbsp; Updata Capital initiated the transaction, acted as financial advisor and negotiated the terms of the transaction for Random Walk. 9 application/xml false Accenture financial technology IT services M&A Random Walk technology consulting technology M&A technology mergers and acquisitions Updata Capital Financial Technology Mergers & Acquisitions News http://updataadvisors.com/FinTech/Capital_FinTech2006.htm Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; InfoPath.1) 127.0.0.1 127.0.0.1 fbartolomey 208.82.213.22 false true false false true 125361 blog blogsite/UpdataAdvisors/web