Accenture Completes Acquisition of Faculty Accenture has finalized its acquisition of Faculty, a UK-based AI company renowned for its expertise in developing safe and effective AI solutions for public and private sector clients. The deal marks a significant expansion of Accenture’s capabilities in artificial intelligence, enabling the firm to offer more advanced, secure, and outcome-driven AI technologies to its global clientele. Dr. Marc Warner, Faculty’s founder and CEO, has been appointed as Accenture’s new Chief Technology Officer. He will also join Accenture’s Global Management Committee, bringing his deep technical knowledge and leadership to the company’s strategic direction. Julie Sweet, Accenture’s Chair and CEO, emphasized that the acquisition will strengthen Accenture’s position as a leader in AI adoption, allowing the firm to help clients reimagine their operations through safe and scalable AI solutions. “Working with Marc will be critical in shaping our technology strategy and attracting top talent to meet our clients’ evolving needs,” Sweet stated. The acquisition adds over 400 AI-native professionals from Faculty to Accenture’s workforce, including data scientists and AI engineers. These experts will contribute to scaling Accenture’s AI capabilities, enabling clients to integrate AI into core business processes. Faculty’s enterprise decision intelligence product, FrontierTM, is now part of Accenture’s portfolio, offering tools to connect data, AI models, and business processes for faster, more informed decision-making. Faculty, founded in 2014, has a strong track record in applied AI, with projects spanning healthcare, government, and industry.#accenture #julie_sweet #manish_sharma #faculty #dr_marc_warner
Accenture to Acquire Ookla to Strengthen Network Intelligence and Experience with Data and AI for Enterprises BARCELONA; March 3, 2026 – Accenture has agreed to acquire Ookla, a global leader in network intelligence, competitive benchmarking, and customer experience analytics. The deal aims to enhance Accenture’s ability to support Communications Service Providers (CSPs), hyperscalers, and enterprises in optimizing critical Wi-Fi and 5G networks that underpin their digital operations. By integrating Ookla’s data products, including Speedtest, Downdetector, Ekahau, and RootMetrics, Accenture will provide tools to measure and improve network performance, security, and user experience. Network data has evolved beyond being a foundational element for telecoms into a strategic asset across industries. As artificial intelligence expands, insights from network, device, and application layers are vital for applications like fraud detection in banking, smart home analytics in utilities, and traffic optimization in retail. Ookla’s platform, which captures over 1,000 attributes per test, serves as the backbone for these insights. Julie Sweet, chair and CEO of Accenture, emphasized that modern networks have transitioned from basic infrastructure to business-critical platforms. She noted that without performance measurement, organizations cannot optimize experience, revenue, or security. The acquisition will enable Accenture to help clients scale AI safely and build trusted data foundations for reliable connectivity. Ookla, headquartered in Seattle, operates globally recognized brands in connectivity. Its technical expertise is critical for CSPs, hyperscalers, and enterprises.#accenture #ookla #julie_sweet #manish_sharma #stephen_bye
Sedemac Mechatronics IPO: Key Details and Overview Sedemac Mechatronics is launching an initial public offering (IPO) with a price band of ₹1,287 to ₹1,352 per share. The offering is exclusively an offer for sale (OFS) of 80.43 lakh equity shares, valued at ₹1,087.45 crore. Promoters Ashwini Amit Dixit and Manish Sharma, along with investor selling shareholders, are divesting their stakes through this OFS. Notable selling shareholders include HDFC Life Insurance Company, A91 Emerging Fund II LLP, Xponentia Capital Partners, 360 One Group, NRJN Family Trust, and Mace Pvt Ltd. The IPO does not generate proceeds for Sedemac Mechatronics, as it is entirely an OFS. The company specializes in supplying control-intensive electronic control units (ECUs) to original equipment manufacturers (OEMs) in the mobility and industrial sectors. Its products are distributed across India, the United States, and Europe. Key clients include Kirloskar Oil Engines, TVS Motor Company, Briggs and Stratton LLC, Bajaj Auto, and DEIF India. The IPO’s allotment and listing dates are yet to be finalized, but investors can check their allotment status through platforms like the National Stock Exchange (NSE) and MUFG Intime India. Additionally, Moneyview has submitted draft papers to the Securities and Exchange Board of India (SEBI) for the IPO. Other market updates include surges in shares of Electrosteel Castings, Gallantt Ispat, and IOL Chemicals following promoter stake purchases. Meanwhile, Samvardhana Motherson’s shares rose due to a joint venture approval and an interim dividend declaration. Firstsource’s stock also gained traction after the company introduced new technology.#manish_sharma #sedemac_mechatronics #hdfc_life_insurance_company #ashwini_amit_dixit #a91_emerging_fund_ii_llp
