LONDON – 21 October 2015 – Mooreland Partners, the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, announced that it acted as the exclusive financial advisor to S3 Group on the sale of its TV Technology activities to Accenture.
With over 20 years’ experience in digital video, S3 TV Technology delivers consultancy, automated testing, service monitoring and diagnostic solutions to leading cable, satellite and telecom operators worldwide. S3 TV Technology is the video industry’s “go-to” provider of testing and monitoring solutions that support the development, deployment and management of consumer video services. S3 TV Technology is one of the divisions of S3 Group, headquartered in Dublin, and backed by ACT Venture Capital and Royal Philips Electronics.
Accenture will integrate S3 TV Technology’s StormTest® automated testing platform and video consulting capabilities with the software and solutions of Accenture Digital Video Services, which is part of Accenture’s Communications, Media and Technology group. This acquisition will create an end-to-end platform that will help video service providers use cutting-edge technology to stay competitive by delivering more innovative features to customers.
Accenture is a global management consulting, technology services and outsourcing company, with more than 336,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments.