Accenture (NYSE: ACN) has acquired Northstream, a Stockholm-based consultancy to communications service providers (CSPs) and networking services vendors, the company said.
Terms of the transaction were not disclosed.
Founded in Stockholm in 1998, Northstream works at the intersection of business and mobile technologies, helping CSPs identify emerging industry shifts, adapt to market changes, and capitalize on new business and technology opportunities.
Leveraging its deep experience in the communications industry and network driven innovation — which spans business strategy development, technology and product assessment, industry research insights and transformational programs — Northstream helps clients develop new, innovative business models.
The acquisition will expand Accenture´s capabilities in the Nordic region to address CSP demand for network consulting programs around 5G deployment and IoT connectivity, as well as large transformational programs that may include telco network cloud deployments and operating model transformations. Northstream´s team of approximately 30 professionals will join Accenture´s Communications, Media & Technology (CMT) operating group and will augment its Communications and Media Industry Consulting capability.
Accenture is a global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world´s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders.