Strategic acquisitions are the most important means of growth for any business, and it is one of the biggest decisions a business owner would make. After all, the future of their company rides on this one decision. In simple words, this strategy is a guide on how a business is executed over its entire lifespan.
With this said, the technology and consulting giant, Accenture is acquiring a cybersecurity startup, Revolutionary Security, in order to expand its cybersecurity division.
The startup Revolutionary Security provides services like risk assessment, breach and attack simulation testing, and designing and building security programs. It leverages proprietary technology and methods to help in enhancing the security capabilities of its clients and manage risks.
The breach and attack simulation testing service of the company is known as LiveFire and has been designed to help businesses find loopholes in their security and monitoring processes. According to Accenture, the company employs 90 cybersecurity professionals across the US and serves a variety of industries such as energy, manufacturing, healthcare, financial services and communications industries.
When asked about the importance of this strategic move, “The acquisition of Revolutionary Security is another demonstration of our continued commitment to invest in areas to keep our clients safe from cyber threats,” Kelly Bissell, the head of Accenture Security said.