Fujitsu Strengthens Consulting Capabilities with Acquisition of MF & Associates
Fujitsu Limited and Fujitsu Australia Limited have announced their plans to acquire MF & Associates, an Australian digital transformation consultancy. This acquisition aims to enhance Fujitsu’s management, technology, and cyber security consulting capabilities, particularly within the public sector and healthcare industries in Australia.
MF & Associates, based in Canberra and founded in 2019, will be Fujitsu’s fifth acquisition in the ANZ region since 2021. This move is part of Fujitsu’s global strategy to strengthen its business delivery capabilities in key areas. The acquisition of MF & Associates will complement Fujitsu’s recent acquisitions of Microsoft specialist oobe and cyber security firm InPhySec, further bolstering Fujitsu’s security offerings in Australia.
The acquisition of MF & Associates represents a significant development in Fujitsu Uvance’s strategy, which aims to address societal issues and contribute to customer growth through cross-industry digital solutions. As part of this strategy, Fujitsu envisions expanding its consulting capabilities to include up to 10,000 dedicated staff by fiscal year 2025. This expansion will enable Fujitsu to quickly address customers’ business issues, propose solutions and offerings, and deliver at scale.
Graeme Beardsell, CEO of Fujitsu Asia Pacific, expressed his excitement about the acquisition, stating that Fujitsu continues to invest in exceptional digital transformation companies to accelerate customers’ success. He also highlighted the growing demand for consulting and cyber security capabilities and welcomed the team of highly experienced consultants from MF & Associates to support customers’ needs.
Mat Franklin, Managing Director of MF & Associates, shared his enthusiasm about becoming part of one of the leading global technology companies. He expressed his excitement about introducing Fujitsu’s impressive technology innovations to their clients and emphasized the synergies this acquisition will create for both existing and future clients on their digital transformation journeys.
Under the acquisition agreement, MF & Associates will operate as a standalone Fujitsu company, maintaining its independent identity and all team members. The company will be rebranded as MF & A, a Fujitsu company and will continue to operate under the leadership of Mat Franklin, who will report to Stuart Kilduff, CEO of oobe, a Fujitsu Company.
Fujitsu aims to make the world more sustainable by building trust in society through innovation. With over 124,000 employees worldwide, Fujitsu offers a range of services and solutions that draw on key technologies such as Computing, Networks, AI, Data & Security, and Converging Technologies. The company reported consolidated revenues of 3.7 trillion yen (US$28 billion) for the fiscal year ended March 31, 2023 and remains the top digital services company in Japan by market share.
MF & Associates, on the other hand, is a Canberra-based consultancy company dedicated to fostering an inclusive and empathy-led workforce. With a strong focus on diversity, the company aims to be the most trusted and ethical consulting organization, delivering innovative solutions to its valued clients across management, technology, and cyber security consulting.
The acquisition of MF & Associates by Fujitsu represents a strategic move to enhance their consulting capabilities and strengthen their presence in the Australian market. With the expertise and experience brought by MF & Associates, Fujitsu aims to drive positive and lasting change for their customers, accelerating their digital transformation and addressing societal challenges.
Source: Fujitsu Limited