Tuesday, February 3, 2009

PwC + BearingPoint?

I usually don't blog much on rumors, but one that has taken on much traction has been PwC Consulting potentially acquiring BearingPoint, which has the blogs and twitter on fire...

No surprises really, since BearingPoint needed to either sell or declare bankruptcy VERY soon...

While BearingPoint still has an excellent US SAP team and some small international pieces, as well as its strong public sector practice... it's fiscal situation has certainly taken its toll and some good resources along with that.

On the other hand, PwC Consulting (as well as other audit arms, KPMG, remnants of Arthur Andersen) has moved back into the SI and specifically SAP-SI space, mainly around compliance and risk. Besides all of the debt from BearingPoint, it could be an easy way for PwC Consulting to really jump back into the US market at least.

Let's see if there is anything behind this rumor...