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Accenture acquisition made with an eye to improve cybersecurity for federal agencies
ARLINGTON, VA Dec. 2, 2016 In a move designed to extend its advanced cyber defense and response service capabilities in support of the U.S. federal government, Accenture (NYSE:ACN) has completed its acquisition of Defense Point Security LLC (DPS). DPS is now a wholly owned subsidiary of Accenture Federal Services (AFS). Terms of the transaction are not being disclosed.
The transaction, first announced Oct. 5, further deepens Accenture’s existing cybersecurity capabilities by adding a suite of cutting-edge cybersecurity services to help federal agencies maximize their cyber defense strategies, including advanced Security Operations Center expertise, cyber operations, security engineering and cyber analytics.
“The combination of highly skilled cybersecurity professionals from DPS with AFS’s powerful client insights and application and data-centric security capabilities allows us to offer our federal clients a bold set of sophisticated and targeted capabilities that can build resilience from the inside out and help protect their most valuable information,” said David Moskovitz, AFS chief executive.
This acquisition further propels Accenture’s strategy to be a leading provider of end-to-end, federal enterprise security services, delivering critical security solutions, including cyber defense and incident response, complex security integration and advanced cyber analytics to reinforce federal clients’ operational security.
“We are very excited to join forces with AFS to develop powerful and effective cyber solutions for our federal clients,” said George McKenzie, chief executive officer, Defense Point Security.
Accenture Federal Services, a wholly owned subsidiary of Accenture LLP, is a U.S. company with offices in Arlington, Virginia. Accenture’s federal business has served every cabinet-level department and 30 of the largest federal organizations. Accenture Federal Services transforms bold ideas into breakthrough outcomes for clients at defense, intelligence, public safety, civilian and military health organizations.
Based in Alexandria, VA, DPS provides cybersecurity services and solutions for government and commercial customers. Harnessing innovative proprietary tools, an advanced Analysis Lab, and an innovative workforce of hybrid security professionals, DPS leverages decades of training and experience to enable effective and efficient use of customers’ IT budgets and resources. DPS provides cybersecurity services that include: Security Engineering & Architecture, Cyber Operations, Managed Security Services, Information Assurance, Cybersecurity Education & Training.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 384,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.