Continuing to add to its cyber security capabilities, Accenture [ACN] on Wednesday said it has agreed to acquire the cyber security firm Defense Point Security, LLC (DPS), boosting its support to the federal government.
Terms of the deal were not disclosed. Accenture said completion of the acquisition is subject to regulatory review.
DPS, which is based in Northern Virginia, has cyber defense and response capabilities including managed security services and security operations center expertise, cyber operations, security engineering, and cyber analytics. The nine-year old firm had $19.6 million in sales in 2015 and three-year revenue growth of more than 330 percent, according to INC. Magazine.
“With the velocity and ferocity of cyber threats, DPS’ expertise in enhanced operational security and advanced security analytics will boost AFS’ ability to bring cutting-edge cyber solutions that will help federal agencies best protect their most valuable information,” David Moskovitz, CEO of Accenture Federal Services, said in a statement. “The addition of DPS’ specialized cyber defense tools and methodologies, together with our powerful client insights, will further propel our strategy to be a leading provider of end-to-end, federal enterprise security services.”
This year Accenture has already bolstered its cyber security capabilities with two acquisitions. The company acquired FusionX, which is focused on advanced adversary simulation and incident response, and Cimation, which specializes in industrial Internet of Things and industrial control system security.
DPS will become part of Accenture Federal Services and its management will remain with the company.