Accenture Acquires Workforce Insight For Undisclosed Sum

Accenture PLC (NYSE:ACN) acquired Workforce Insight, a workforce optimization consultancy that provides workforce management and human capital management advisory and technology services.
The financial terms of the transaction remain undisclosed.
The acquisition enhances Accenture's workforce management abilities and further strengthens its ability to deliver HR transformation to clients.
Workforce Insight is a UKG, Workforce Software and Workday solutions provider, helping clients across the healthcare, manufacturing, retail, and public sector industries evaluate, implement and adopt optimal workforce strategies and technologies.
Accenture held $10 billion in cash and equivalents as of May. 31.
Price action: ACN shares traded higher by 1.21% at $312.93 on the last check Tuesday.