City
Epaper

Accenture acquires Symantec's cyber security services business

By IANS | Updated: January 7, 2020 19:00 IST

Accenture on Tuesday announced to acquire Symantec's 'Cyber Security Services business from Broadcom for an undisclosed sum.

Open in App

The move will make Accenture Security one of the leading providers of managed security services, enhancing its ability to help companies rapidly anticipate, detect and respond to cyber threats, the company said in a statement.

Symantec has six security operations centres globally including one in India.

"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," said Julie Sweet, Accenture's Chief Executive Officer.

Its managed security services business is supported by a proprietary cloud-based platform that delivers a steady stream of technical and cyber adversary threat intelligence through a customizable portal.

"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," added Kelly Bissell, senior managing director of Accenture Security.

Symantec's Enterprise Security business, now a division of Broadcom, is headquartered in Mountain View, California and its Cyber Security Services business includes more than 300 employees around the world.

In its 2019 fiscal year, Accenture invested nearly $1.2 billion globally on 33 acquisitions to acquire critical skills and capabilities in strategic, high-growth areas of the market.

The company recently acquitted Deja vu Security, iDefense, Maglan, Redcore, Arismore and FusionX to innovate around advanced threat intelligence and cybersecurity solutions.

( With inputs from IANS )

Tags: Accenture SecuritySymantecCyber Security ServicesJulie SweetKelly Bissell
Open in App

Related Stories

Navi MumbaiNavi Mumbai: Cyber Fraud of ₹75 Lakh Busted, Two Arrested in Malvani, Mumbai

BusinessAccenture CEO Julie Sweet Reveals Breast Cancer Diagnosis, Shares Emotional Message with Employees

NationalDailyhunt, OneIndia and Delhi Police Collaborate to Empower Citizens and Enhance Public Safety

TechnologyCloud, Big Data & AI sectors continue hiring trend in Q1 2023: Report

TechnologyGlobal IT services firm Accenture slashes 19K jobs, tech mayhem deepens

टेकमेनिया Realted Stories

TechnologyTripura trains officials in AI to lead tech-driven governance

TechnologyAxiom Space celebrates the arrival of Ax4 mission

TechnologyReal estate firm Kalpataru clocks 42 pc decline in net profit in Q4 FY25

TechnologyIndia's growing importance as digital hub highlighted at Wavelength Forum

TechnologyTesla’s India entry set to transform domestic EV landscape: Experts