Accenture [ACN] said Tuesday it acquired FusionX, a cyber security company, to strengthen Accenture’s security practice and help clients with cyber security issues.
FusionX “has a fundamentally differentiated approach to cyber attack simulation, threat modeling, cyber investigations and security risk advisory services,” Accenture said in a statement.
FusionX’s expertise in identifying security vulnerabilities will be combined with Accenture’s industrialized suite of security transformation and operations offerings, the company said. This will allow clients to more effectively manage risk and improve results.
“Even companies that have strong cyber security leadership and make wise investments can still find themselves compromised by advanced cyber threats. FusionX gives Accenture the critical ability to prepare our clients against the most advanced cyber adversaries,” Michael Salvino, chief executive at Accenture Operations, said in a statement.
“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, president and CEO of FusionX.
“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,” Devost said. “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.”
FusionX was founded in 2010 by Devost and Tom Parker. It works with Fortune 100 companies in financial services, critical infrastructure, technology, government, and manufacturing.
Accenture did not disclose the terms of the acquisition.