The acquisition will make Accenture one of the leading providers of managed security services.
Broadcom is selling Symantec’s Cyber Security Services business to Accenture just two months after closing $10.7 billion for Symantec’s cybersecurity group. Financial terms of the agreement were not disclosed.
Symantec’s portfolio of Cyber Security Services includes global threat monitoring and analysis through a network of security operation centers (SOCs), real-time adversary and industry-specific threat intelligence and incident response services.
The six security operations centers are located in the U.S., the United Kingdom, India, Australia, Singapore and Japan.
According to Accenture, the acquisition will make it one of the leading providers of managed security services. Symantec’s Cyber Security Services business will be the latest in a series of acquisitions — including those of Deja vu Security, iDefense, Maglan, Redcore, Arismore and FusionX .
In its 2019 fiscal year, Accenture invested nearly US$1.2 billion globally on 33 acquisitions to acquire critical skills and capabilities in strategic, high-growth areas of the market.