Accenture, the global management consultancy form, has bought out Origin Digital (OD), the New Jersey-based digital video services firm. The firm will use OD’s expertise in online, mobile and IPTV video to help its clients grow in these areas. OD provides video capture, transformation and delivery services to content owners. The official rationale from Accenture: “The addition of Origin Digital video capabilities to Accenture’s Digital Media Services group will complement the experience we developed in music through our acquisition of Digiplug last year.”

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OD, based in Weehawken, NJ, was founded ten years ago as Live Online. It was acquired by Digital Island in 2000. The company’s assets, employees and intellectual property have gone through a series of owners and joint ventures, including Digital Island, Exodus, Cable and Wireless and, most recently, content distribution solutions manager Savvis (NSDQ: SVVS). Bear Stearns invested $5.5 million in a first recap round last year. More details in release.