Accenture Plans to Acquire Italian 5G Company Fibermind

Accenture plans an acquisition of Fibermind, an Italian specialist in 5G and fixed network deployments. The consultancy firm intends to use it to bolster its play in the telecoms, utilities, and transportation industries.

The planned purchase will bring 400 Fibermind staff into Accenture’s fold, providing expertise involving network design, permit processes, and localized project management. Accenture said Fibermind’s team is also well-versed in network acceptance testing, documentation procedures, and home connection.

Roberto Pagella, head of Accenture Operations in Italy, said the acquisition will significantly strengthen their expertise in the telecom network engineering services, boosting the company's growth in a strategic sector. Accenture plans to use Fibermind’s 20 years of experience, partnerships, and relationships with national and local authorities to provide network engineering, along with technology assets powered by automation, robotics, data, and AI.

Pagella described the combination as delivering the potential to create a center of excellence in engineering services where technology and data enhance and amplify human skills and knowledge. Fibermind GM Andrea Targa said the deal would provide the chance to expand beyond Italy along with the opportunity to boost its current business. Accenture added the move builds on a recent run of acquisitions in Europe since 2020, pointing to acquisitions in Spain, France, and Germany.