Acquisition2022-10-13confirmed

NTT DATA × Aspirent

NTT DATA signed a definitive agreement to acquire Aspirent, an Atlanta-based data, analytics, and advisory firm. The deal was intended to expand and strengthen NTT DATA's analytics and advisory capabilities, adding over 230 employees and bolstering its data engineering services across platforms like Azure, AWS, Databricks, and Snowflake. [99, 102] The transaction was completed by November 15, 2022. [97] Financial terms of the acquisition were not disclosed by the companies. [100, 102]

Price paid
Not disclosed
Losing bid
Per unit
no meaningful ratio

The asset

Acquisition of the entire data analytics and advisory firm, including its team of over 230 data advisors and technologists and its data engineering capabilities.

  • 230 employees

The record

Seller status
Going concern
Sector
Data analytics and advisory services
Modalities
data_advisors, technologists, data_engineering_capabilities
Jurisdiction
US

What it means if you hold data

This acquisition demonstrates the strategic importance of specialized data and analytics consulting firms in the IT services market. For data brokers, it highlights the value placed on teams with expertise in major cloud and data platforms, representing a clear path to acquisition by larger technology integrators seeking to enhance their data service offerings.

Sources