Accenture to acquire specialist Hytracc Consulting Accenture has entered into an agreement to acquire Hytracc Consulting, a specialist consulting company that designs and implements hydrocarbon production data management and accounting solutions. The transaction will expand Accenture’s upstream production management solutions and services portfolio. Terms of the transaction were not disclosed, and the acquisition is subject to regulatory review and other customary closing conditions.
Accenture disclosures should lessen cannibalization fears, says RBC Capital After attending Accenture's Analyst Day, RBC Capital believes the company's discussion about the size of its legacy ERP business and digital and cloud practices should cause investors' concerns about cannibalization to slowly decline. The firm keeps an $87 price target and Outperform rating on Accenture.