Accenture (ACN) to Acquire NeuraFlash to Boost Salesforce Capabilities

Accenture PLC (NYSE:ACN) is one of the top tech stocks to buy now according to Goldman Sachs. On August 27, the company publicized its decision to acquire NeuraFlash, a consulting company specializing in Salesforce and generative AI (gen AI) solutions. However, completion is subject to customary closing conditions, including regulatory approval and required antitrust clearances. Accenture stated that the acquisition will “further enhance” its capabilities in Salesforce, gen AI, and managed services. The other goal is for the company to expand its reach into the global mid-market.

Accenture (ACN) to Acquire NeuraFlash to Boost Salesforce Capabilities

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If the acquisition closes, Accenture will gain approximately 510 experienced professionals. These professionals are primarily located in North America, with additional teams in Colombia and India. The deal is expected to help clients deploy and scale intelligent solutions faster by combining Accenture’s technology and industry knowledge with NeuraFlash’s expertise.

NeuraFlash is only one of Accenture’s several recent acquisitions. Others include CyberCX (cybersecurity), The Highlands Consulting Group (management consulting), and Superdigital (influencer agency).

Accenture PLC (NYSE:ACN) is a global professional services company that provides strategy, consulting, digital transformation, and technology operations to clients across more than 120 countries. Its technology segment delivers services in cloud migration, software engineering, data analytics, cybersecurity, and AI integration.

While we acknowledge the potential of Accenture PLC (NYSE:ACN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACN and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.