Security News > 2020 > January > Accenture to Buy Former Symantec Services Unit From Broadcom

Accenture to Buy Former Symantec Services Unit From Broadcom
2020-01-07 22:03

Accenture plans to buy the former Symantec Cyber Security Services business from Broadcom for an undisclosed sum, the two companies announced Tuesday.

While the Accenture Security unit will pick up the Symatec services business, Broadcom will retain Symantec's security software division.

Over the course of several years, Accenture has acquired several smaller security firms, including Deja vu Security, iDefense, Maglan, Redcore, Arismore and FusionX. Accenture Security now offers clients managed security services, services for managing digital identifications for both enterprises and governments, managed application security and cloud computing security.

Over the next several months, Bissell says, Accenture Security will start integrating the Symantec services business into its managed security services portfolio, which will help enable Accenture to compete against bigger players, such as IBM, as well as smaller, boutique consultancies.

John Lionato, vice president and general manager of Symantec's Cyber Security Services business, tells ISMG that almost as soon as te Broadcom deal was announced, several firms, including Accenture, expressed interest in acquiring the Symantec services unit.


News URL

https://www.inforisktoday.com/accenture-to-buy-former-symantec-services-unit-from-broadcom-a-13585

Related vendor

VENDOR LAST 12M #/PRODUCTS LOW MEDIUM HIGH CRITICAL TOTAL VULNS
Broadcom 90 4 114 154 66 338
Symantec 80 10 69 77 12 168