Management consulting firm Accenture is in talks to acquire rival Booz & Co., a deal that would beef up its strategy and operations consulting services, The Wall Street Journal reported on Tuesday, citing people familiar with the matter.
This year alone, Accenture has already moved to snap up London-based global service design consultancy Fjord, digital marketing company Acquity Group, as well as Mortgage Cadence, a loan origination software company.
Representatives for the firm declined to comment, the Journal reported.
Accenture has about 266,000 employees worldwide and net revenue of $27.9 billion for the year ended Aug. 31, 2012, according to its website. Meanwhile, Booz & Co has more than 3,000 employees globally, according to information on the company's website. It ended discussions of a possible merger with A.T. Kearney, another management consulting firm, in July 2010.
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