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Merger and acquisition activity involving cybersecurity companies continued at a rapid pace in the last two weeks, with Accenture, Forcepoint, OneTrust and the Swedish IT consultancy firm Knowit AB all making acquisitions.
Professional services firm Accentureannounced April 29 it had entered into an agreement to acquire the managed security services provider Openminded.
During the first week of May, Forcepoint announced it had purchased the browser security company Cyberinc, OneTrust revealed its intention to acquire the third-party risk organization Shared Assessments and Knowit AB announced plans to acquire the cybersecurity consulting firm Cybercom.
Accenture Buying Openminded
Accenture s pending acquisition of Paris-based managed security services provider Openminded would be its second cybersecurity deal of the year. It purchased Real Protect in January
Accenture has announced its intent to acquire French cybersecurity services outfit Openminded.
The move is apparently part of a cunning plan but Accenture to strengthen its security presence in the country and across the EU.
For those not in the know, Openminded specialises in delivering advisory, cloud and infrastructure security, cyber defence, and managed security services and the move will give Accenture more than 100 highly skilled cybersecurity employees to Accenture’s existing workforce of almost 7,000. Founded in 2008, Openminded is powered by a security operations centre and helps clients anticipate and reduce security risks, rapidly detect and respond to cyber incidents, as well as implement best practices in regulatory compliance.