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Accenture to acquire Faculty, Marc Warner to become CTO

Accenture (ACN) has agreed to acquire Faculty, a UK-based AI native services and products business. Upon closing of the transaction, Faculty’s team of more than 400 AI native professionals will integrate with Accenture’s teams. And, in addition to his role as CEO of Faculty, Marc Warner will become chief technology officer of Accenture and join the company’s global management committee. Completion of the acquisition is subject to customary closing conditions, including required regulatory approval. Terms of the transaction were not disclosed.

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