Accenture acquires Intrepid
Mobile design firm acquisition to bolster digital training and engineering expertise
Accenture has purchased a mobile design and development firm to gain new studio capabilities and tap into its highly-regarded digital training programme.
The company said its acquisition of Boston-based Intrepid would accelerate Accenture's investment in leading-edge development tools like Unity and React. According to Ankur Mathur, managing director of Accenture Digital, Intrepid has a great base of data development skills and had been growing its web development capabilities.
Intrepid has grown from just two employees in 2010 to 150 today and was interested in reaching more clients and becoming part of larger projects, said Mark Kasdorf, Intrepid's CEO. The company had a handful of suitors, Kasdorf said, but none of the other potential buyers provided Accenture's level of alignment and synergies.
"Everything we do, they were very excited about," Kasdorf added. "Everything we don't do, they already have."
Terms of the deal, which closed last week, weren't disclosed. Intrepid will become part of the Interactive division of Accenture Digital - which is focused on customer experience, Mathur said, with the future of the Intrepid brand still undecided.
Bringing Intrepid on board will support Accenture's unique ability to have clients come in and work in a studio development environment, Mathur said. Most of Accenture's existing North American studios focus primarily on design and services, which Mathur said is critical for early-stage digital transformation projects.