Accenture to acquire AI company Flutura; deal terms not disclosed

This is Accenture's third acquisition of such a company in India in recent years

Accenture
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(Photo: Reuters)

Shivani Shinde Mumbai
NYSE-listed IT firm Accenture on Tuesday announced acquiring industrial artificial intelligence (AI) company Flutura, which is headquartered in Bengaluru. The deal’s financial details were not disclosed.

This will be Accenture’s third acquisition in the data and AI space in India as it builds data and AI capabilities. It acquired India-headquartered Bridgei2i and Byte Prophecy in 2021 and 2020.

Last year, it acquired data science company ALBERT in Japan. Other recent AI acquisitions include Analytics8 in Australia; Sentelis in France; Bridgei2i and Byte Prophecy in India; Pragsis Bidoop in Spain; Mudano in the UK; and Clarity Insights, End-to-End Analytics and Core Compete in the US.

First Published: Mar 21 2023 | 12:11 PM IST

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