Julia Francis
Aug 14, 2020

Accenture acquires CreativeDrive

The deal will help clients “reinvent content creation,” Accenture said.

Brian Whipple, CEO of Accenture Interactive
Brian Whipple, CEO of Accenture Interactive

Accenture has acquired global content production company CreativeDrive.

CreativeDrive uses cloud-based technology to produce content for clients. Accenture will use CreativeDrive’s platform to enhance its content, digital marketing, media and commerce service offerings.

Financial terms of the deal were not disclosed.

Founded in 2015, CreativeDrive’s network includes more than 150 studios in the U.S., Latin America, Asia and Europe. The company’s client roster includes Estée Lauder, Michael Kors and Walmart.

“The acquisition of CreativeDrive is an investment in our clients and their future success — positioning us even more strongly to help them rise to this challenge and create a content revolution in a creative, cost-effective and agile manner,” said Brian Whipple, CEO of Accenture Interactive, in a statement.

New York-based CreativeDrive has 700 employees and more than 40,000 square feet of studio space.

Last April, Accenture acquired creative shop Droga5 in a deal that executives called a “seismic shift” for the industry.

Source:
Campaign US

Related Articles

Just Published

19 hours ago

TikTok launches Messaging Ads in Asia Pacific

TikTok’s Messaging Ads are now available in Australia, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Thailand, Vietnam, and Singapore.

20 hours ago

Creative Minds: Ya Wen believes creativity can ...

Get to know the visual designer at Tomato Interactive who approaches creativity beyond the next bright and shiny thing.

20 hours ago

Creatives pick 2024 work they admire—and are jealous of

Creatives reveal their standout campaigns of 2024 that ignited both admiration and envy, and the lessons these works offer about branding, storytelling, and audience engagement.

21 hours ago

The shocking things you can now say on Meta's platforms

As per the new policy, it is now okay to call gay and trans people ‘mentally ill’ and refer to women as ‘household objects’ on Facebook and Instagram.