Accenture spends USD 4.18 billion on cybersecurity business
NEW YORK - Accenture announced the acquisition of three cybersecurity companies worth a total of USD 4.18 billion to strengthen its critical infrastructure protection business amid rising cyber threats and advances in artificial intelligence (AI).
Quoted from Reuters, Accenture will acquire a majority stake in Dragos and purchase runZero and NetRise to strengthen its cybersecurity business.
The acquisitions will strengthen Accenture’s cybersecurity business, particularly in protecting critical infrastructure such as power grids, energy pipelines, factories, and data centres.
Accenture expects the acquisition process to be completed in August or September 2026 after obtaining regulatory approval.
The three acquired companies have combined annual recurring revenue (ARR) of around USD 208 million.
The move also strengthens Accenture’s cybersecurity business, which is currently valued at around USD 10 billion.
Accenture shares fell more than 11% in pre-market trading after the company lowered its annual revenue growth forecast.
Accenture lowered its annual revenue growth forecast to 3%-4%, compared with the previous estimate of 3%-5%.
The company said economic uncertainty has prompted some businesses to reduce spending on non-essential information technology consulting projects.
For the fourth quarter of 2026, Accenture expects revenue to be between USD 17.75 billion and USD 18.4 billion.
The figure is below the average analyst estimate of USD 18.47 billion, based on data compiled by LSEG. (ARF/ZH)