Tech M&A roundup: Accenture nabs PCO, Intuit fills out with Full Slate
Analyst reports have been pointing toward more merger and acquisition activity (not to mention an increasing pool of tech IPOs) by the end of the year, so here are a few more to fuel that fire.
Starting on the smaller end, Intuit is making plans to acquire Full Slate, which develops appointment scheduling software for small businesses the leaders in online appointment scheduling.
When all is said and done, the Full Slate crew and its resources will be folded into the small-to-midsize business-focused Demandforce unit, which also came to Intuit through a $424 million deal in 2012.
Thus, expect to see the virtual receptionist features added to Demandforce apps as well as Intuit's flagship QuickBooks and TurboTax products.
In the enterprise world, Accenture has announced it is making moves to purchase PCO Innovation, an international consulting and systems integration group specializing in product lifecycle management (PLM) software.
The addition of PCO follows up Accenture's acquisition earlier this month of the Prion Group, which also focused on PLM services.
Thus, it appears that the global consulting group will be syncing up these two units for one big department in delivering PLM software services and advice. Accenture listed automotive, aerospace and defense, consumer goods, electronics and industrial equipment businesses as the primary targets.
Financial terms for any of these deals have not been disclosed.