Accenture buys Capgemini health arm

NEW DELHI: Accenture has agreed to acquire Capgemini's North American health practice, expanding the range of capabilities it offers to the full spectrum of public and private sector health and life sciences organizations.

According to a press release, the acquisition will combine Accenture's capabilities in working with health plans, life sciences companies and government organizations with Capgemini's strength in serving hospitals and health systems. Accenture will pay the purchase price of $175 million in cash. Other terms of the agreement were not disclosed.

Following the acquisition, approximately 600 Capgemini professionals, including approximately 70 clinicians, will join Accenture's Health & Life Sciences practice in North America, bringing the total number of Accenture professionals serving health and life sciences clients in the region to more than 4,600.

The acquisition is subject to regulatory and other customary approvals and is expected to close within the next 60 to 90 days. Accenture will be acquiring Capgemini's North American health practice from Capgemini U.S. LLC and Capgemini Canada Inc.