Accenture Federal Services (AFS), of Arlington, Va., announced Feb. 9 that it has agreed to acquire Agilex Technologies Inc. (Agilex). Terms of the transaction were not disclosed, and the acquisition is subject to regulatory review and other customary closing conditions.
“Acquiring Agilex will help AFS further solidify our position as an innovative leader in the federal market,”Accenture Federal Services Chief Executive David Moskovitz said. “Combining our digital capabilities and agile methods will accelerate our ability to help clients harness the power of emerging digital technologies and rapid, predictable systems deployment for the federal government’s most complex challenges.”
“We designed Agilex, from the start, to fundamentally change how government uses technology to execute its mission,” Agilex Vice Chairman and co-founder Jay Nussbaum said. “By joining forces with AFS, Agilex can scale its capabilities more rapidly to have an even bigger impact across government. AFS is respected for taking on the government’s most challenging missions and is valued in the federal sector for its ability to deliver client value, impact and results.”
“We see digital technologies fundamentally changing the way that government organizations operate and interact with citizens, patients, employees, suppliers, partners and other stakeholders,” Accenture Digital Group Chief Executive Mike Sutcliff said. “By acquiring the unique agile development and digital capabilities of Agilex, AFS is enhancing its ability to help federal clients make the digital transformation journey and improve services and outcomes.”
“While it took awhile, it appears to be a great combination,” said Bob Kipps of KippsDeSanto & Co., regarding the acquisition. “Agilex worked closely with ASM Research, which Accenture acquired in late 2013, so they knew each other well already. Plus, Agilex was looking for a well-regarded, non-government contractor buyer.”
A privately-held company, Agilex was recently named a 2014 Greater Washington Government Contractor of the Year.
Accenture Federal Services is a wholly owned subsidiary of Accenture LLP.