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Story summary
- Accenture plc agreed to acquire a 65% stake in DLB Associates to boost data center capabilities.
- DLB Associates, founded in 1980, will transfer about 620 employees to Accenture's Industry X practice after the transaction, with financial terms undisclosed.
- Regulatory approvals are required for the deal.
- Accenture's Chief Executive Officer Julie Sweet noted growing demand for AI-driven data center capacity.
