Accenture to Acquire Symantec's Cyber Security Services Business

Accenture Security is to acquire Symantec's Cyber Security Services business from Broadcom.

No financial terms were disclosed regarding the acquisition, which is expected to close in March 2020, subject to customary conditions.  

The impending Symantec deal is the latest in a long line of acquisitions by Accenture Security in the threat intelligence and cybersecurity fields. Already in Accenture's cyber-stable are Deja vu Security, iDefense, Maglan, Redcore, Arismore, and FusionX.

With this latest acquisition, Accenture Security has signaled its intention to become one of the main players on the managed security services stage.

“Cybersecurity has become one of the most critical business imperatives for all organizations regardless of industry or geographic location,” said Accenture’s CEO, Julie Sweet.

“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.”

The cybersecurity services arm of Symantec operates from six operations centers set in Australia, India, Japan, Singapore, the UK, and the US. 

Included in Symantec’s portfolio of cybersecurity ..

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