The Hackett Group to Ring NASDAQ Opening Bell Celebrating Acquisition of Gen AI Development Company LeewayHertz

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MIAMI, November 14, 2024--(BUSINESS WIRE)--The Hackett Group, Inc. (NASDAQ: HCKT), a leading Gen AI strategic consultancy, will ring the Nasdaq Stock Market Opening Bell on Friday, November 15, 2024. The event celebrates the company’s recent acquisition of Gen AI development firm LeewayHertz. This milestone marks a significant step in expanding The Hackett Group’s AI capabilities, resulting in a comprehensive end-to-end AI solution for clients – from ideation through implementation. The transaction combined The Hackett Group’s world-class intellectual property and AI XPLR™ platform with LeewayHertz’s Gen AI development capabilities and ZBrain™ platform.

Ted Fernandez, Chairman and CEO of The Hackett Group, will lead the bell-ringing ceremony at the Nasdaq MarketSite in New York City, joined by Akash Takyar, CEO of LeewayHertz, and other members of The Hackett Group’s executive team.

"This acquisition is meant to highly differentiate our consulting services and software platforms," said Ted Fernandez, Chairman and CEO of The Hackett Group. "It significantly increases our AI implementation capabilities, and highly differentiates our AI XPLR™ ideation and evaluation platform. Integrating it with ZBrain™ will empower our clients to unlock the value of their data and result in new levels of innovation, customer experience and workflow productivity enabled by Gen AI-powered solutions."

The Nasdaq Opening Bell Ceremony will begin at 9:20 a.m. ET. The event can be viewed live or via replay: https://www.nasdaq.com/marketsite/bell-ringing-ceremony.

About The Hackett Group®

The Hackett Group, Inc. (NASDAQ: HCKT) is an IP and platform-based Gen AI strategic consulting and executive advisory firm that enables Digital World Class® performance. Using AI XPLR™ and ZBrain™ – our ideation through implementation platforms – our experienced professionals help organizations realize the power of Gen AI and achieve quantifiable breakthrough results, allowing us to be key architects of their Gen AI journey.

Our expertise is grounded in unparalleled best practices insights from benchmarking the world’s leading businesses – including 97% of the Dow Jones Industrials, 89% of the Fortune 100, 70% of the DAX 40 and 55% of the FTSE 100. Visit us at www.thehackettgroup.com.

About LeewayHertz

LeewayHertz is a provider of advanced Gen AI and blockchain solutions, specializing in scalable, enterprise-grade applications. The acquisition by The Hackett Group enhances The Hackett Group’s digital transformation offerings, particularly in AI development and advanced analytics.

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