Accenture Invests In New York-Based Virtual Reality Company Praxis Labs; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Accenture has invested in New York-based virtual reality company Praxis Labs, which focuses on improving equity and inclusion through immersive workplace scenarios in VR/MR. The terms of the investment were not disclosed.

June 15, 2023 | 12:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Accenture's investment in Praxis Labs could enhance its offerings in workplace equity and inclusion, potentially attracting more clients.
Accenture's investment in Praxis Labs demonstrates its commitment to improving workplace equity and inclusion. This could attract more clients seeking such solutions, leading to potential revenue growth and a positive impact on ACN's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100