Accenture (NYSE: ACN) has entered into an agreement to acquire the U.S. federal government services business of Endgame Inc., a privately held endpoint detection and response (EDR) cybersecurity software company based in Arlington, VA. Endgame’s federal government services business, which will become part of Accenture Federal Services, specializes in proactive cyber defense, hunt-as-a-service capabilities, red teaming and cyber operations.
A nationally recognized innovator in cyber solutions, Endgame provides clients with sophisticated security capabilities. The acquisition will provide Accenture Federal Services an additional team of highly skilled cybersecurity professionals who will help federal clients increase their cyber resiliency by better preparing for, identifying, intercepting, and removing advanced adversaries in real time.
“By adding Endgame’s federal services team, Accenture Federal Services can better equip our clients to identify and eradicate malicious attacks faster and more effectively,” said David Moskovitz, Accenture Federal Services chief executive. “As the digital explosion is dramatically increasing the attack surface, rapidly identifying, isolating and remediating intrusions will be central to the next generation of cyber defense.”
In connection with this transaction, Accenture Security will be enhancing its existing alliance with Endgame by reselling Endgame’s EDR platform and enhancing Accenture’s deep bench of skilled security professionals to best leverage the platform for Accenture’s global client base. Endgame’s platform has provided differentiated value to stop malicious cyber activity before it causes damage and loss of critical assets, which has been recently validated by its $18.8 million EDR contract with the U.S. Air Force to prevent, stop and hunt advanced adversaries.
Recently, Accenture and Endgame launched its alliance and created a hunt-as-a-service offering for commercial clients – which will soon be available for government clients. Additionally, Endgame’s world-class cyber threat hunting skills will further strengthen Accenture Security’s already deep cyber hunt capabilities. This transaction gives Endgame the opportunity to continue to support and grow its base of federal and commercial customers of its EDR platform.
“Accenture has built an unparalleled services business supporting some of the world’s highly complex organizations,” said Nate Fick, CEO of Endgame. “We see this as a natural evolution of our existing strong services partnership with Accenture that provides them with the ability to expand their cybersecurity services while Endgame focuses on accelerating growth of our EDR platform. Endgame will stay laser-focused on delivering the best security product in the world to our customers.”
Accenture Federal Services has made several investments in the cybersecurity space in the past several months including its acquisition of Defense Point Security LLC, a privately held cybersecurity company that supports the U.S. federal government and specializes in advanced cyber defense and response capabilities.
Terms of the transaction are not being disclosed and the closing of the acquisition is subject to regulatory review and other customary closing conditions.
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About Paladin Capital Group
Paladin Capital Group was founded in 2001 and has offices in Washington DC, New York, London, and Silicon Valley. As multi-stage investors, Paladin’s team focuses on best-of-breed companies with technologies, products, and services that meet the challenging global cyber security and digital infrastructure resilience needs for commercial and government customers. Paladin has over $1 billion in committed capital across multiple funds.
For more information on Paladin, follow the firm on Twitter @Paladincap and visit our website at http://www.paladincapgroup.com/.
Endgame is a leading endpoint security platform that transforms security operations teams and incident responders from crime scene investigators into Endgames that prevent damage and loss, and dramatically reduces the time and cost associated with incident response and compromise assessment. Endgame’s platform uses machine learning and data science to prevent and detect unique attacks at the earliest and every stage of the attack lifecycle. Endgame’s integrated response stops attacks without disrupting normal business operations.
For more information, visit www.ENDGAME.com and follow them on Twitter @EndgameInc.
Accenture (NYSE: ACN) 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 more than 394,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.
Visit them at www.accenture.com.