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New Deal


Announced

Completed

Accenture completed the acquisition of cyber security services business of Symantec from Broadcom

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Security Services

cyber security

Majority

Friendly

Software

United States

Acquisition

Private

Single Bidder

Cross Border

Completed

Synopsis

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Accenture, a multinational professional services company, completed the acquisition of cybersecurity services business of Symantec, a platform delivering endpoint security, web security, email security, information security and identity security across on-premises and cloud infrastructures from Broadcom, an American designer, developer, manufacturer and global supplier of a wide range of semiconductor and infrastructure software products. Financial terms were not disclosed. “Cybersecurity has become one of the most critical business imperatives for all organizations regardless of industry or geographic location. With the addition of Symantec’s Cyber Security Services business, Accenture Security will offer one of the most comprehensive managed services for global businesses to detect and manage cybersecurity threats aimed at their companies,” Julie Sweet, Accenture CEO.

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