“In an unexpected industry twist, consulting giant Accenture (NYSE: ACN) on Tuesday announced that it has agreed to acquire Symantec’s Cyber Security Services business from Broadcom (NASDAQ: AVGO) for an undisclosed sum.”
“The news comes as a surprise, as Broadcom completed its $10.7 billion acquisition of Symantec’s enterprise security business just two months ago. (Symantec’s Cyber Security Services business unit was part of Symantec’s overall enterprise security business.)”
“The acquisition significantly expands Accenture Security’s managed security services offerings and capabilities, and will add more than 300 employees around the world to the group.”
“Symantec’s Cyber Security Services business includes threat monitoring and analysis through a network of security operation centers around the world, 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…” Read the full article here.
Source: Accenture to Acquire Symantec’s Security Services Unit from Broadcom – By Mike Lennon, January 7, 2020. Security Week.
