Accenture acquires ESR Labs

The management consultancy Accenture takes over ESR Labs. The Munich-based company develops software and platform solutions for automotive manufacturers and suppliers.

The company's software controls the electronics and networking of electronic functions in the vehicle. ESR Labs also offers solutions for remotely updating in-car software, helps customers develop connected car and mobility services such as car sharing, and conducts research into new technologies for autonomous driving.

ESR Labs helps to introduce innovations faster

Axel Schmidt, global head of automotive at Accenture, says:

"The automotive industry is at a turning point. Car sales are declining worldwide. Customers are demanding more convenient and customized in-car services and the associated mobility services. Whoever best meets these demands will dominate the global mobility field in the future. With ESR Labs, we can help our customers in the automotive sector adopt and implement innovations more quickly."

Details of the purchase price were not disclosed.

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