logo
Plus   Neg
Share
Email

Accenture Makes Strategic Investment In Synadia - Quick Facts

Accenture plc (ACN) announced Thursday a strategic investment, through Accenture Ventures, in Synadia Communications, the company behind the production-proven open source NATS.io project, which provides a highly-scalable, secure communications technology for digital systems, services and devices. Terms of the equity investment were not disclosed.

Synadia helps to address these needs with its differentiated Adaptive Edge Architecture. Accenture's investment will enable Synadia to further capitalize on its position as a leader for adaptive edge architectures and modern distributed systems.

Synadia is the latest addition to the investment portfolio of Accenture Ventures, which is focused on investing in companies that create or apply disruptive enterprise technologies.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration (FDA) has gone ahead with the approval of antiviral drug remdesivir as first treatment for COVID-19, notwithstanding last week's findings by the World Health Organization (WHO) that the drug is not effective for COVID-19 treatment. Thursday, Gilead Sciences announced that the FDA approved remdesivir, sold under the brand name Veklury. Integrated payments firm American Express Co. (AXP) reported Friday that net income for the third quarter declined to $1.1 billion or $1.30 per share from $1.8 billion or $2.08 per share in the prior-year quarter. Consolidated total revenues, net of interest expense, also decreased 20 percent to $8.8... The Federal Trade Commission or FTC has launched a new fraud reporting platform, using which, consumers can easily report fraud and all other consumer issues directly to the regulator. In a statement, the FTC said its new website, ReportFraud.ftc.gov, will provide a streamlined and user-friendly way to submit reports about scams, frauds, and bad business practices.
Follow RTT