Accenture (ACN) has agreed to acquire AOX, a German company specializing in embedded software for carmakers and their suppliers. The acquisition will enhance Accenture’s capabilities to help automotive clients solve challenges they are facing in their transition to software-defined vehicles. AOX designs and develops the complex system architectures and high-performance software that increasingly enable and define the performance and features of todays’ vehicles. The company has built a reputation for helping carmakers and suppliers master the shift from traditional software engineering to developing highly integrated scalable architectures. This shift is crucial for carmakers and suppliers to stay competitive, leading to a faster go-to-market strategy, with improved and less fault-prone software features and products…Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions.
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