Business
Accenture to Acquire Cabel Industry, Strengthening its Financial Services Capabilities in Italy
EMPOLI, Italy, December 24, 2025--Accenture has entered into an agreement with the Fibonacci Group to acquire Cabel Industry.
About this update from Accenture Plc
[{"type":"image","alt":"Accenture has entered into an agreement with the Fibonacci Group to acquire Cabel Industry, an Italian technology company that provides specialized core banking and IT managed services to mid-size financial institutions.","displaySize":"","headline":null,"caption":"Accenture has entered into an agreement with the Fibonacci Group to acquire Cabel Industry, an Italian technology company that provides specialized core banking and IT managed services to mid-size financial institutions.","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":251,"url":"https://media.zenfs.com/en/business-wire.com/0c1ee9ea054308e4da3bd96995e3de1c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/RYOK53Or6cFNoGRGuuOdeQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUwMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/0c1ee9ea054308e4da3bd96995e3de1c","width":480,"height":251}},"lazy":false},{"type":"text","content":"EMPOLI, Italy, December 24, 2025--(BUSINESS WIRE)--Accenture (NYSE: ACN) has entered into an agreement with the Fibonacci Group to acquire Cabel Industry, an Italian technology company that provides specialized core banking and IT managed services to mid-size financial institutions.","length":283,"tagName":"p"},{"type":"text","content":"The acquisition will enhance the managed services portfolio of Accenture Financial Advanced Solutions & Technology (AFAST), the company’s technology center of excellence dedicated to financial services in Italy. By integrating Cabel Industry’s capabilities—along with its approx. 200 highly-skilled professionals—AFAST will be better positioned to deliver advanced IT solutions for the banking and insurance sectors, including in credit management, and accelerate technology adoption among mid-market institutions, helping them build more scalable and competitive business models.","length":584,"tagName":"p"},{"type":"text","content":""Core banking and credit management services are undergoing a profound transformation driven by new demands for modernization, scalability and productivity," said Teodoro Lio, market unit lead for Accenture in Italy. "Integrating Cabel Industry into Accenture significantly strengthens our core banking proposition. Their specialized platform and industry expertise enable us to accelerate the delivery of flexible, industrialized...