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Alternative Assets  + Financial Advisory  + Wealth Management  |  December 16, 2022
Dublin-based Accenture Unit Makes Strategic Investment in Technology Company Mobeus
Joe Palmisano
By: Joe Palmisano

Accenture Unit Makes Strategic Investment in Technology Company Mobeus

Dublin-based Accenture has made a strategic investment through Accenture Ventures in NJ-based technology company Mobeus. Financial terms of the deal were not disclosed.

The company intends to use the funds to continue developing its technology and expand operations.

The company has joined Accenture Ventures’ Project Spotlight, an engagement and investment program focused on investing in companies that create or apply disruptive enterprise technologies. In addition to funding.

“Mobeus’ transparent computing technology will enable the layering of multi-media content, including audio, video, and documents via any application and on any device,” said Tom Lounibos, managing director, Accenture Ventures.

Mobeus is a human connections company developing frictionless technology to enhance how people connect and communicate. Airglass, its first product, is a video and audio communications tool intended to enhance virtual meetings by using transparent computing.

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AccentureMobeus

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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