Accenture has acquired Dutch mobile payments startup Mobgen to expand its end-to-end mobile strategies. Terms of the acquisition were not disclosed.
As part of this acquisition, Aegon – an important investor in the startup – has sold its shares to Accenture. Mobgen will now operate as part of Accenture Digital.
With offices in Spain, Mobgen has more than 160 employees. It serves clients across a wide range of industries including finance, retail and travel.
Mobgen develops holistic solutions for both mobile devices and the Internet of Things (IoT).
“Organizations are increasingly under pressure to deliver rapid iterations for advanced mobile and IoT services, and require strong roadmaps, agile development capabilities and scalable solutions to address this. By bringing MOBGEN into Accenture Digital, clients in Europe and beyond will have access to the skills they need to help overcome these challenges,” Accenture said in a statement.
Accenture Digital lead in the Netherlands Marc Huijbregts said: “Demand for mobility platforms, services and applications is mounting, but as the IoT grows, these need to be built for an increasingly complex range of functions and devices while keeping the user experience in mind.”
Mobgen CEO and founder Ron Vrijmoet said: “We are still only in the discovery phase of how this mobile revolution will transform the way we live and work, and our clients know that to provide the very best, most exciting customer experiences, the underpinning digital solutions are critical.
“MOBGEN is and will remain at the centre of this revolution as part of Accenture Digital, offering our existing and new clients access to deep industry expertise and global, scalable service design and technology resources that will help them build ever-stronger relationships with their customers and employees.”