Accenture has entered into an agreement to acquire the business of AddVal Technology Inc., a privately owned provider of end-to-end shipment-management products and services to global freight-management and airline-cargo companies. Based in Cupertino, Calif., AddVal has a software development center in Chennai, India.
The acquisition would provide Accenture with AddVal's industry-leading technology platform for freight order management and strengthen Accenture's Freight and Logistics practice, which provides a wide variety of services to the global freight-management industry.
The acquisition is expected to close within 45 days. Terms of the agreement are not being disclosed.
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