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Alternative Assets  + Financial Advisory  + Wealth Management  | 
Dublin-based Accenture Unit Makes Strategic Investment in Technology Company Mobeus

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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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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