Core Insights - Accenture has agreed to acquire Cabel Industry, an Italian technology company specializing in core banking and IT managed services for mid-size financial institutions [1][2] - This acquisition will enhance Accenture's Financial Advanced Solutions & Technology (AFAST) portfolio, positioning it to deliver advanced IT solutions in banking and insurance sectors [2][3] Company Strategy - The integration of Cabel Industry's capabilities, including its approximately 200 skilled professionals, will allow AFAST to better support mid-market institutions in technology adoption and scalable business models [2][3] - Accenture aims to strengthen its core banking proposition and accelerate the delivery of flexible solutions aligned with the evolving technology priorities of Italian banks [3] Market Context - The core banking and credit management services are undergoing significant transformation due to demands for modernization and productivity [3] - Accenture has completed seven strategic acquisitions in Italy since 2023, indicating a strong growth strategy in the region [2] Transaction Details - The terms of the acquisition were not disclosed, and completion is subject to customary closing conditions [4]