Accenture (ACN) has agreed to acquire Camelot Management Consultants, a SAP-focused management and technology consulting firm from Germany. Camelot is a SAP partner in Germany, Austria and Switzerland with a broad client portfolio of large and midsize companies. Terms of the transaction were not disclosed.
Tobias Regenfuss, Technology lead Austria, Switzerland and Germany, Accenture, said: "With our acquisition of Camelot, we will further enhance our capabilities and services to help our clients use technology to address complex and pressing business needs and drive additional value."
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.