Accenture has announced plans to acquire a majority stake in industrial cybersecurity company Dragos and fully acquire asset intelligence firm runZero and device security specialist NetRise in a combined transaction valued at $4.18 billion.
The acquisitions are aimed at strengthening Accenture’s cybersecurity portfolio, particularly in securing industrial operations and critical infrastructure such as power grids, pipelines, manufacturing facilities and data centres amid rising cyber threats and increasing geopolitical risks.
The company said the deals are expected to close in August or September, subject to regulatory approvals.
Together, the three companies generate approximately $208 million in annual recurring revenue and will further bolster Accenture’s cybersecurity business, which currently generates around $10 billion in annual revenue.
The acquisitions are also expected to enhance Accenture’s capabilities in addressing emerging cybersecurity challenges, including those driven by artificial intelligence and increasingly sophisticated threat environments.
