Accenture (ACN) Subsidiary Completes Acquisition of Cognosante

Accenture plc (ACN) shares have gained 5% in the past year compared with the 12% rally of the industry it belongs to.The company’s subsidiary Accenture Federal Services announced yesterday that it has completed the acquisition of Virginia-based digital transformation and cloud modernization solutions provider Cognosante. The financial terms of the deal have been kept under wraps.Founded in 2008, Cognosante employs a team of 1,500 professionals and specializes in providing technology solutions to federal gov ...