Accenture to Expand Proactive Cybersecurity Defense Services Capabilities with Acquisition of Endgame Federal Services Business

ARLINGTON, Va.--()--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.

About Accenture

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 us at www.accenture.com.

About Endgame

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.comand follow us on Twitter @EndgameInc.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. These include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations could be adversely affected by volatile, negative or uncertain economic conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining ongoing, profitable client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the changing technological environment could materially affect the company’s results of operations; if Accenture is unable to keep its supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; the markets in which Accenture competes are highly competitive, and Accenture might not be able to compete effectively; Accenture could have liability or Accenture’s reputation could be damaged if the company fails to protect client and/or company data from security breaches or cyberattacks; Accenture’s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture might not be successful at identifying, acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s Global Delivery Network is increasingly concentrated in India and the Philippines, which may expose it to operational risks; as a result of Accenture’s geographically diverse operations and its growth strategy to continue geographic expansion, the company is more susceptible to certain risks; adverse changes to Accenture’s relationships with key alliance partners or in the business of its key alliance partners could adversely affect the company’s results of operations; Accenture’s services or solutions could infringe upon the intellectual property rights of others or the company might lose its ability to utilize the intellectual property of others; if Accenture is unable to protect its intellectual property rights from unauthorized use or infringement by third parties, its business could be adversely affected; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; any changes to the estimates and assumptions that Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; many of Accenture’s contracts include payments that link some of its fees to the attainment of performance or business targets and/or require the company to meet specific service levels, which could increase the variability of the company’s revenues and impact its margins; Accenture’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent annual report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

Contacts

Accenture
Deirdre Blackwood, + 1 703-947-5798
deirdre.m.blackwood@accenture.com
or
Endgame
Margot Koehler, + 1 202-649-0517
mkoehler@endgame.com

Release Summary

Accenture entered into an agreement to acquire the U.S. federal government services business of Endgame Inc.

Contacts

Accenture
Deirdre Blackwood, + 1 703-947-5798
deirdre.m.blackwood@accenture.com
or
Endgame
Margot Koehler, + 1 202-649-0517
mkoehler@endgame.com