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Accenture acquires Revolutionary Security cybersecurity startup

Tech Giant Accenture is acquiring Cyber security startup Revolutionary Security to expand its cyber security offerings and help organizations with critical infrastructure prioritize actions that mitigate cyber security risks within their enterprise. Financial terms of the acquisition deal were not disclosed yet.

Revolutionary Security’s provides services for security risk assessment, designing and building security programs and breach and attack simulation testing called “LiveFire” which is meant to help organizations find gaps in their security and monitoring processes.

Revolutionary Security was founded in 2016, employs 90 security professionals, and has raised $2.5 million in one round of funding, according to Crunchbase. The company serves a variety of clients in the manufacturing, healthcare, financial services, energy and communications sectors.

“The acquisition of Revolutionary Security is another demonstration of our continued commitment to invest in areas to keep our clients safe from cyber threats. Revolutionary Security’s service offerings are a perfect complement to Accenture’s portfolio, and the acquisition furthers our mission of helping clients better protect and defend their organizations across their entire ecosystem.” said Kelly Bissell, head of Accenture Security.

Read more : Palo Alto to acquire Cisco competitor, CloudGenix for $420M

Accenture now has security-focused business units, after previously acqquired Deja vu Security, Redcore, iDefense, Arismore, Maglan, and FusionX.

In 2019, Accenture said it spent nearly $1.2 billion on 33 acquisitions. Recently the company acquired the Symantec security portfolio from Broadcom. The portfolio includes global threat monitoring and analysis, conducted through a network of security operation centers, and threat intelligence and incident response services.

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Written by Abhishek Chauhan


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