Accenture strikes $4.18 billion cybersecurity deal, shares fall on forecast cut

Cybersecurity

June 18 : Consultancy firm Accenture said on Thursday it would take a majority stake in industrial cybersecurity firm Dragos and fully acquire asset intelligence company runZero and device security specialist NetRise in a combined deal valued at $4.18 billion. Shares of Accenture fell over 11 per cent in premarket trading as the company cut the top end of its annual revenue growth forecast range, signaling businesses wary of an uncertain economy are curtailing spending on discretionary IT