Accenture acquires German software firm

By Associated Press
Posted Nov. 19, 2010 at 1:12 p.m.

Management consulting firm Accenture PLC said Friday it has agreed to acquire a German maker of software that helps consumer products companies manage customer relations and trade promotions.
Terms of its acquisition of CAS Computer Anwendungs-und Systemberatung AG, based in Kaiserslautern, Germany, were not disclosed.

Accenture said CAS software will continue using that name after the acquisition, which is expected to close within 60 days.

Shares of Accenture fell 9 cents to $44.24 in afternoon trading.

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