PricewaterhouseCoopers LLP Completes Asset Acquisition of Enterprise Technology Solutions Consulting Firm Entology, Inc.


NEW YORK, Oct. 31, 2008 (GLOBE NEWSWIRE) -- PricewaterhouseCoopers (PwC) LLP today announced it has acquired substantially all the assets of enterprise technology solutions consulting firm, Entology, Inc. The acquisition includes a group of client service professionals who architect, develop and implement enterprise technology solutions, including identity management, content management and business intelligence solutions. Former Entology CEO Lawrence R. Prager and CTO Rex Thexton have joined PwC as managing directors.

"The depth of experience of Entology's client service professionals adds significant capabilities to our Advisory practice in the areas of Oracle identity management and business intelligence solutions," said PwC's Technology practice leader Paul Horowitz. "For the past three consecutive years, Entology has been awarded Oracle's North American Titan Award for excellence in security and identity management. With the completion of this acquisition, PwC is now a premier provider of Oracle identity management solutions and we have sharpened our focus on business intelligence."

A leader in business advisory consulting services, PricewaterhouseCoopers' Advisory practice has over 3,200 security, data management and business intelligence professionals globally. PwC has a dedicated Oracle practice, and the firm collaboratively teams with Oracle to provide clients with large scale, enterprise-wide consulting services that include the implementation and integration of Oracle technologies.

The acquisition was completed October 30, 2008. Financial terms of the transaction will not be disclosed.

About PricewaterhouseCoopers Advisory Services

PricewaterhouseCoopers' business advisory professionals provide clients with the confidence to succeed by helping them anticipate, create and manage change. Whether clients are proactively implementing change or reacting to an unplanned event, we leverage our Firm's resources, deep industry experience, and functional acumen across the areas of operations, finance, organizational strategy and structure, process improvement, human resources optimization, technology integration and implementation, risk mitigation and crisis management to help organizations effect sustainable change.

About PricewaterhouseCoopers

PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 155,000 people in 153 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.

"PricewaterhouseCoopers" refers to PricewaterhouseCoopers LLP or as the context requires, the PricewaterhouseCoopers global network of other member firms of the network, each of which is a separate and independent legal entity.



            

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