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Accenture to Acquire AddVal Technology Inc., Enhancing Freight-Management Capabilities.

Publication: Business Wire
Publication Date: 07-MAY-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Accenture (NYSE: ACN) has entered into an agreement to acquire the business of AddVal Technology Inc. (AddVal), 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.

Specifically, the acquisition would enhance Accenture's ability to help clients modernize their freight management services and accelerate integration of the freight management systems with key finance, business intelligence and other management systems. As part of the acquisition, AddVal employees are expected to...

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