Accenture Completes Acquisition of Broadcom’s Symantec Cyber Security Services Business

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Accenture (NYSE: ACN) has completed the previously announced acquisition of the Symantec Cyber Security Services business from Broadcom Inc. (NASDAQ: AVGO).

The amount of the deal was not disclosed.

The acquisition enhances Accenture Security’s position as one of the world’s leading providers of managed security services, further boosting its ability to help organizations anticipate, detect and respond to cyber threats.

Accenture Security is a provider of end-to-end cybersecurity services, including advanced cyber defense, applied cybersecurity solutions and managed security operations through a network of Advanced Technology and Intelligent Operations centers.

The Symantec Cyber Security Services business includes more than 300 employees around the world who serve organizations across a diverse range of industries, including financial services, utilities, health, government, communications, media, technology and retail.

Earlier this month, Accenture acquired Revolutionary Security, which is the latest in a series of acquisitions — including those of Context Information Security, Deja vu Security, iDefense, Maglan, Redcore, Arismore and FusionX.

FinSMEs

04/05/2020

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