Accenture’s security arm is set to get a boost with the anticipated acquisition of Symantec’s Cyber Security Services business.
The professional services firm has agreed to buy Symantec’s Cyber Security Services business from Broadcom in a bid to enhance its ability to help companies prepare for, detect and respond to cyber threats, Accenture said.
Symantec’s portfolio of cybersecurity services includes global threat monitoring and analysis through a network of security operation centres across the US, UK, India, Australia, Singapore and Japan, as well as real-time adversary and industry-specific threat intelligence and incident response services, Accenture explained.
Currently, Symantec’s Cyber Security Services business has more than 300 employees globally who serve organisations in a range of industries, including financial services, utilities, health, government, communications, media, technology and retail, Accenture said.
Symantec’s Cyber Security Services business will be the latest in a series of acquisitions — including those of Deja vu Security, iDefense, Maglan, Redcore, Arismore and FusionX, with Accenture having spent nearly US$1.2 billion procuring 33 companies, their skills and capabilities in its 2019 financial year, according to Accenture.
Source: Technology Decisions