Accenture has agreed to acquire Cabel Industry, an Italian technology company specializing in core banking and IT managed services for mid-size financial institutions. This acquisition will strengthen Accenture Financial Advanced Solutions & Technology’s managed services portfolio in Italy. Massimiliano Colangelo, Financial Services lead for Accenture in Italy and Greece, highlighted the synergies that will benefit clients and drive innovation and efficiency. Terms of the agreement were not disclosed.

Read more at Nasdaq.: Accenture To Acquire Cabel Industry; Deal To Enhance Managed Services Portfolio Of AFAST