Accenture – Faculty Science

Accenture International B.V. (Accenture) proposes to acquire the issued share capital of Faculty Science Limited (Faculty Science) pursuant to a share purchase agreement.

Accenture is a global professional services firm with operations in over 120 countries. It provides a comprehensive suite of professional services designed to assist public and private sectors to navigate digital transformation, optimise operations, and build advanced technological capabilities.

Relevantly, in Australia, Accenture provides IT services, including application implementation tools and managed services, IT infrastructure implementation tools and managed services, and technology consulting services including to Government, utilities and energy customers.

Faculty Science is an artificial intelligence (AI) services firm, headquartered in the United Kingdom. Founded in 2014, its focus is on supplying (i) AI strategy and solution development services (including, AI strategy, design, infrastructure, development, operations and change); and (ii) a decision intelligence platform called ‘Frontier’, which analyses data infrastructure and provides insights to enhance decision-making.