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Veronica Garabelli// July 31, 2013//
Accenture is expanding its military health market business. The company’s subsidiary, Accenture Federal Services (AFS), has agreed to acquire Fairfax-based ASM Research Inc., which serves U.S. defense and federal health clients.
ASM Research will become a wholly owned subsidiary of AFS. Jim Traficant, AFS managing director, will lead the new subsidiary company.
Terms of the transaction were not disclosed, and the acquisition is subject to regulatory review and other customary closing conditions.
ASM Research has three decades of experience in areas that include healthcare IT, data analytics, cloud, data warehousing and software development.
Accenture Federal Services has offices in Arlington. Accenture LLP is a global management consulting, technology services and outsourcing company.
