Accenture Acquires FusionX, Further Bolstering Ability to Help Clients Assess and Respond to Advanced Cyber Threats
August 04 2015 - 09:03AM
Business Wire
Accenture (NYSE:ACN) has acquired FusionX, a Washington,
DC-based cyber security company that has a fundamentally
differentiated approach to cyber attack simulation, threat
modeling, cyber investigations and security risk advisory services.
The acquisition will further strengthen Accenture’s Security
practice and help clients accurately assess their ability to
protect against, detect and, where necessary, respond to
sophisticated and sustained cyber attacks.
Through the acquisition, FusionX will join and augment
Accenture’s growing global Security team. By combining FusionX’s
expertise in identifying security vulnerabilities with Accenture’s
industrialized suite of security transformation and operations
offerings, the acquisition will allow clients to more effectively
manage risk and improve business results.
“Even companies that have strong cyber security leadership and
make wise investments can still find themselves compromised by
advanced cyber threats,” said Michael Salvino, group chief
executive, Accenture Operations. “FusionX gives Accenture the
critical ability to prepare our clients against the most advanced
cyber adversaries. Accenture will continue to expand its advanced
threat capabilities to help clients spot cyber security
vulnerabilities, defend themselves against the most advanced cyber
threats, and to respond to the inevitable breaches that do
occur.”
“I’m incredibly proud of the team we have built at FusionX. For
the last five years, we have redefined the way our clients defend
themselves against advanced cyber threats,” said Matthew Devost,
FusionX president and CEO. “By joining Accenture, we will be able
to accelerate the expansion of our capabilities, enabling both
existing FusionX and Accenture clients to continue to validate and
mature their security postures, and draw from Accenture’s
substantial security advisory, transformation and operations
services. Our team thrives on solving our clients’ toughest
security challenges and is looking forward to combining our
expertise with Accenture’s security capabilities and
experience.”
Founded in 2010 by security industry veterans Devost and Tom
Parker, FusionX is staffed by an elite team of highly technical
security experts. The company works with Fortune 100 organizations
in financial services, critical infrastructure, technology,
government, and manufacturing.
Terms of the transaction were not disclosed.
About AccentureAccenture is a global management
consulting, technology services and outsourcing company, with more
than 336,000 people serving clients in more than 120 countries.
Combining unparalleled experience, comprehensive capabilities
across all industries and business functions, and extensive
research on the world’s most successful companies, Accenture
collaborates with clients to help them become high-performance
businesses and governments. The company generated net revenues of
US$30.0 billion for the fiscal year ended Aug. 31, 2014. Its home
page is www.accenture.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150804006013/en/
AccentureJulie Bennink,
312-693-7301julie.l.bennink@accenture.com
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