Accenture Scoops up S3 TV Technology

Accenture is buying S3 Group subsidiary S3 TV Technology for its automated testing platform and video consulting services.

September 8, 2015

1 Min Read

DUBLIN -- S3 TV Technology Ltd., a business unit of S3 Group, today announced it is to be acquired by Accenture (NYSE: ACN). Accenture will integrate S3 TV Technology’s StormTest automated testing platform and video consulting capabilities with the software and solutions of Accenture Digital Video Services, which is part of Accenture’s Communications, Media and Technology group.

This portfolio will help video service providers create and evolve high quality products that can access linear content through the broadband (IP) and broadcast networks and non-linear services such as catch-up TV and video on demand (VOD) through broadband networks. These services will be integrated with industrialized DevOps capabilities that foster an agile, continuous delivery approach to product development and enable video businesses to quickly launch, monitor, and iterate their products into the marketplace, leveraging a combination of cloud and device-based technologies.

S3 Group has a history of building innovative technology-based businesses that address challenges in high-growth markets. With domain expertise in multiple industry sectors S3 Group has a proven unique capability to deliver technology that can bring relevant and value-creating solutions to their customers. S3 TV Technology works with many of the leading global video service providers to enhance the performance and service readiness of their video platforms, facilitating the creation of a continuous delivery model for the development and deployment of new services. This acquisition by Accenture will create an end-to-end platform that will help video service providers use cutting-edge technology to stay competitive by delivering more innovative features to customers.

Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions.

Accenture and S3 Group

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