Accenture to Acquire Origin Digital

Accenture has agreed to buy Origin Digital Inc., a privately held New Jersey-based company that provides video capture, transformation and delivery services to content owners.

Terms of the agreement were not disclosed.

The acquisition will expand the consulting firm’s ability to help clients grow their digital media revenue through Origin Digital’s specialized expertise in reaching new customers via mobile, broadband, IPTV and video-on-demand services.

“The addition of Origin Digital video capabilities to Accenture’s Digital Media Services group will complement the experience we developed in music through our acquisition of Digiplug last year,” said Richard Cottrell, managing director of Accenture Digital Media Services (ADMS) group “Creating a full suite of managed services will accelerate the availability of digital media services to businesses globally.”

ADMS will manage Origin Digital’s existing services along with those of Digiplug, providing a comprehensive solution set to content owners and distributors.

The acquisition is expected to close within 30 days.