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The Biggest 10 Cybersecurity Acquisitions Of 2020 (So Far)

Technology titans, private equity goliaths and platform security powerhouses spent more than $8.5 billion on the year's top cybersecurity acquisitions, placing big bets on securing applications and IoT devices as well as risk and compliance.

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10. Accenture Acquires Symantec Cyber Security Services

Purchase Price: $200 million (Momentum Cyber)

Accenture in April purchased Symantec’s Cyber Security Services business from Broadcom to better help organizations anticipate, detect and respond to cyberthreats.

The Dublin, Ireland-based company, No. 2 on the 2020 CRN Solution Provider 500, said the acquisition also includes Mountain View, Calif.-based Symantec’s global threat monitoring and analysis capabilities through a network of six operation centers located in the U.S., the U.K., India, Australia, Singapore and Japan. The Cyber Security Services business has more than 300 employees globally.

The focal point of the deal is Symantec’s managed security services business, which delivers a steady stream of technical and cyber adversary threat intelligence through a customizable portal. The transaction came just six months after Broadcom closed its $10.7 billion acquisition of Symantec’s Enterprise Security business, which included the Cyber Security Services assets.

 
 
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