Acando (previously AcandoFrontec) was a software, information technology, database and web design consulting firm based in Stockholm Sweden, also operating in Norway, Finland, Denmark and Germany.[1] It counted around 4000 employees when it was acquired by CGI in 2019.[2] The company was acquired on March 11, 2019 when CGI made a bid of SEK 4.3 billion (around €408 million).[3]

History

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Founded in 1999, Acando provides consultancy in information technology and Software as a Service (SaaS).[4] As of March, 2008, AcandoFrontec services over 250 clients and employs over 30 people.

In 2004, AcandoFrontec acquired Edge Consulting. Edge Consulting was a software consulting firm founded in 1999, with 15 employees.

In 2006, Acando Frontec acquired Resco. The company renamed as Acando.

In 2014, Acando acquired Connecta with around 800 employees.

In 2019, Acando was acquired by CGI.[2][5]

Services

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Acando consulted with companies on information technology projects and Software-as-a-Service, and built software applications including web sites.

Acando was a reseller and integrator of NetSuite’s ERP/Customer Relationship Management (CRM) Software-as-a-Service applications. Acando was a Microsoft .NET solution provider and Oracle partner.[6]

Acando provided consultancy in project leadership, analysis, design and development for software projects of any size. In addition to web design and software development, Explore also offers Business Intelligence (BI), Data Warehousing design and development and mobile systems design and development.[citation needed]

Awards and Industry Recognition

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In 2007, Acando was named to the Inc. 5000,[7] ranking 3,520 nationally, with a three-year average annual sales growth of 83.8%.

See also

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References

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  1. ^ "Acando AB - Bokslut & Nyckeltal". www.allabolag.se. Retrieved 29 March 2021.
  2. ^ a b "CGI completes acquisition of Acando". www.telecompaper.com. Retrieved 29 March 2021.
  3. ^ "CGI bids €408M for Acando". 2019-03-12. Retrieved 2023-07-12.
  4. ^ "Acando Consulting AB - Företagsinformation". www.allabolag.se. Retrieved 2022-06-22.
  5. ^ "Acando avnoteras och sista dagen för handel är den 14 maj 2019". view.news.eu.nasdaq.com. Retrieved 2022-06-22.
  6. ^ "Acando avnoteras och sista dagen för handel är den 14 maj 2019". newsclient.omxgroup.com. Retrieved 29 March 2021.
  7. ^ Inc 5000
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