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Dec 24, 2025 12:00 PM

Accenture Expands Italian Financial Services Technology Platform

Accenture plc (NYSE:ACN) on Wednesday disclosed a deal to acquire Cabel Industry from the Fibonacci Group for an undisclosed amount.

The Italian firm delivers specialized core banking solutions and IT managed services for mid-sized financial institutions.

The company said deal will strengthen Accenture Financial Advanced Solutions & Technology (AFAST), its Italian financial services technology hub.

Also Read: Accenture’s AI Momentum Impresses Analysts Despite Early-Stage Rollouts

Adding Cabel Industry's expertise and ~200 professionals will enhance AFAST's IT solutions for banking and insurance, including credit management, while accelerating technology ...