Accenture Expands AI Capabilities with Acquisition of Halfspace
Deal News | Mar 05, 2025 | Consultance.eu
Accenture has announced the acquisition of Halfspace, a Danish AI consulting firm, as part of its ongoing strategy to enhance its capabilities in the Nordic region. Founded in 2015, Halfspace specializes in advanced data solutions and AI applications, transforming raw data into actionable insights and streamlining business workflows. The company's robust ecosystem partnerships with Databricks, Microsoft, and NVIDIA further augment Accenture's technological prowess. The acquisition will add approximately 80 skilled AI practitioners to Accenture, bolstering their Center for Advanced AI in Europe. This move marks Accenture's second European acquisition this year, following the acquisition of Staufen, a consultancy in operations and supply chain domains. Notably, the financial details of the Halfspace acquisition remain undisclosed.
Sectors
- Technology Consulting
- Artificial Intelligence
Geography
- Denmark – Halfspace is a Danish company which Accenture has acquired, indicating the country where the target company is based.
- Nordic Region – Accenture is focusing on expanding its services in the Nordic region through this acquisition.
- Europe – The acquisition is part of Accenture's broader European strategy to enhance its AI capabilities.
Industry
- Technology Consulting – The article is centered around the acquisition of Halfspace, a company that provides AI consulting services, thus positioning it within the Technology Consulting sector.
- Artificial Intelligence – As Halfspace specializes in AI solutions, the acquisition enhances Accenture's capabilities in the AI industry.
Financials
- Not disclosed – The financial terms of the acquisition have not been made public.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Accenture | Buyer | Company | A global consulting firm acquiring Halfspace to boost its AI service capabilities in the Nordic region. |
| Halfspace | Target Company | Company | A Danish technology consulting firm specializing in AI solutions, recently acquired by Accenture. |
| Databricks | Ecosystem Partner | Company | Part of Halfspace's ecosystem through which it collaborates on AI platforms. |
| Microsoft | Ecosystem Partner | Company | Part of Halfspace's ecosystem through AI platform collaboration. |
| NVIDIA | Ecosystem Partner | Company | Part of Halfspace's ecosystem partners focused on AI platform collaborations. |