Accenture to acquire Japanese Oracle solutions integration specialist, SOPIA
04 Apr 2008
NYSE-listed global management consulting and technology firm Accenture has signed an agreement to acquire Tokyo-based privately-held consulting and IT solutions company SOPIA Corporation that specialises in Oracle systems integration.
The acquisition is subject to customary closing conditions and is expected to close within 30 days.
The acquisition, for an undisclosed sum, will extend Accenture's Oracle capabilities in Japan, where the US firm is seeing increasing demand for ERP services. With a customer base that focuses on manufacturing, distribution, and logistics, SOPIA is recognized for its Oracle skills and expertise in supply chain management (SCM).
''This acquisition will enable Accenture to expand its systems integration capabilities in Japan,'' said Karl-Heinz Floether, group chief executive of systems integration, technology and delivery at Accenture. ''Japanese clients will benefit from Accenture's business and industry consulting capabilities, industrialized delivery methodologies, and global reach, and SOPIA's skills across the entire Oracle suite, and supply chain management software packages.''
SOPIA, which was founded in 1984 and has become a well known provider of Oracle solutions in Japan, will become part of the Accenture systems integration and technology organisation in Japan. SOPIA will continue to serve their clients in the Japanese market.
The company has capabilities in Oracle E-Business suite, Oracle JD Edwards, and Infor WM4000 and Infor WM9.0 (a supply chain management system), with a diversified portfolio of clients across a number of the industries that Accenture serves. SOPIA is a strategic Oracle partner in Japan and has received several awards from Oracle in recognition of its systems integration skills.
