PLANO, Texas – November 15, 2022 – NTT DATA, a global digital business and IT services leader, has successfully closed its previously announced acquisition of Aspirent, a leading data, analytics, and advisory firm headquartered in Atlanta.
Aspirent will add over 230 data advisors and technologists to NTT DATA’s digital transformation services team and bolster its data engineering capabilities across key data partners such as Azure, AWS, Databricks, and Snowflake. This acquisition supports and accelerates NTT DATA’s strategy to be the preferred digital innovation partner for enterprises globally. Aspirent will operate under the new brand, Aspirent, an NTT DATA company.
Updated – NTT DATA Intends to Acquire Data Analytics Firm Aspirent
PLANO, Texas – October 13, 2022 – NTT DATA, a digital business and IT services leader, today announced it has signed a definitive agreement to acquire Aspirent Consulting, a leading data, analytics and advisory firm headquartered in Atlanta.
“As we help our clients navigate critical business challenges through the use of data, this acquisition expands and strengthens NTT DATA’s analytics and advisory capabilities,” said Wayne Busch, Group President, Consulting and Digital Transformation, NTT DATA Services. “Aspirent continues our targeted focus on becoming a trusted advisor for our clients following our acquisitions of Hashmap and Chainalytics.”
Aspirent will add over 230 data advisors and technologists to NTT DATA’s digital transformation services team and bolster its data engineering capabilities across key data partners such as Azure, AWS, Databricks, and Snowflake. This acquisition supports and accelerates NTT DATA’s strategy to be the preferred digital innovation partner for enterprises globally.
“As a purpose-built analytics consulting firm focused on solving complex data-driven business challenges, we have spent a decade helping our clients run towards change,” said Andrew Wells, CEO, Aspirent. “The opportunity to join NTT DATA will strengthen our ability to deliver the global end-to-end solutions our clients require and bring exciting new opportunities to our colleagues and communities.”
Aspirent clients and employees will benefit from access to NTT DATA’s powerhouse of innovation resources and broader digital transformation capabilities including a $3.6 billion average annual R&D investment. NTT DATA recently announced the launch of six innovation centers across the globe to focus on bringing advanced technologies to clients, with an Innovation Studio co-located in Plano, TX.
Pillsbury Winthrop Shaw Pittman LLP served as the legal counsel to NTT DATA, and Canaccord Genuity Petsky Prunier LLC served as the exclusive financial advisor to Aspirent and Summit Park in connection with this transaction. The transaction is subject to customary closing conditions, including regulatory approval, and is expected to close within the next 30 days.
About Aspirent
Aspirent Consulting partners with the world’s largest organizations to simplify their most complex data and digital challenges. Through a combination of proven frameworks, experienced teams, and unbiased technology expertise we deliver custom-fit, data-driven solutions focused on the outcomes that matter most to our clients. Aspirent was named Inc.’s Best Workplaces 2022, Atlanta’s Best and Brightest Company to Work Seven years in a row, Atlanta’s Top Places to Work five of the last seven years, and is considered one of the fastest growing companies by Inc. Magazine for the past 7 years. Visit Aspirent.com to learn more about their capabilities.
About NTT DATA
NTT DATA – a part of NTT Group – is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, digital & IT modernization and managed services. NTT DATA enables them, as well as society, to move confidently into the digital future. We are committed to our clients’ long-term success and combine global reach with local client attention to serve them in over 50 countries around the globe. Visit us at nttdata.com.
Forward-Looking Statements
This press release contains forward-looking statements concerning NTT DATA and its current expectations and projections about future events and trends affecting its business, including with respect to the acquisition of Aspirent, the business impact of the acquisition of Aspirent, and the potential of growth related to digital services. Forward-looking statements should not be read as guarantees of future performance or results, and they involve risks, uncertainties, and assumptions. Although NTT DATA makes such statements based on assumptions that it believes to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements.
Media Contacts:
Fran Kelly, Aspirent | fran.kelly@aspirent.com | +1.508.944.6962
Amy Baj, NTT DATA | amy.baj@ntttdata.com | +1.954.909.7900
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