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Accenture to acquire Swiss consultancy firm Orbium

Accenture PLC agreed to acquire Orbium, a Swiss management consultancy and technology services provider to financial institutions.

Accenture, which provides consulting, technology, and outsourcing services, did not disclose terms of the deal.

Operating across Europe, Asia-Pacific and the U.S., Orbium serves global tier-one banks, premium wealth managers and private banks.

The acquisition, subject to customary closing conditions, will improve Accenture's solutions for the private-banking and wealth-management sector globally.