Accenture Acquisition Spree Continues With Cybersecurity Focus

Recently global IT giant Accenture announced it would expand its cybersecurity capabilities through the acquisition of Symantec’s Cyber Security Services business from Broadcom. The business unit is headquartered in Mountain View, California and employs more than 300 professionals worldwide.

General Manager of the Symantec business unit John Lionato comments, “Becoming part of Accenture Security is a tremendous opportunity for our clients and our cyber warriors around the globe, enabling us to fuse the unique services, capabilities and solutions of two well-established companies to deliver the next generation of cybersecurity services.”

Symantec security has built up considerable expertise over the years, which extends across sectors including financial services, utilities, health, government, communications, media, technology and retail.

Accenture Security chief Kelly Bissell is enthusiastic about the latest capabilities and expertise pickup, “Companies are facing an unprecedented volume of cyber threats that are highly-sophisticated and targeted to their businesses, and they can no longer rely solely on generic solutions. This acquisition is a game-changer and will help Accenture provide flexibility rather than a ‘one size fits all’ approach to managed security services. With Symantec’s Cyber Security Services business, we can now bring clients our combined expertise fine-tuned to their industry with tailored global threat intelligence powered by advanced analytics, automation and machine learning.”

Accenture Security is one of the leading providers of managed security services. Its portfolio of services includes strategy and risk management, cyber defense, digital identity, application security and managed security.

As for Julie Sweet, Accenture’s CEO, “With the addition of Symantec’s Cyber Security Services business, Accenture Security will offer one of the most comprehensive managed services for global businesses to detect and manage cybersecurity threats aimed at their companies.”