Accenture Strikes $4.18 Billion Cybersecurity Deal, Shares Fall on Forecast Cut
The acquisitions will expand Accenture’s cybersecurity business into industrial systems and critical infrastructure as the company cut its revenue outlook.
- On Thursday, June 18, 2026, Accenture unveiled $4.18 billion in cybersecurity acquisitions, taking a majority stake in Dragos and fully acquiring runZero and NetRise to expand its $10 billion cybersecurity business.
- CEO Julie Sweet explained the strategic pivot, stating, "You cannot have an AI revolution without critical infrastructure," to justify protecting operational technology systems like power grids amid rising cyber threats.
- Shares of Accenture fell 14% on Thursday as investors reacted to weak sales guidance, reflecting growing concerns that AI tools could displace traditional IT consulting and professional services.
- These acquisitions add about $208 million in annual recurring revenue, part of Accenture's broader $9 billion spending plan this year to counter slowing demand for traditional IT projects.
- Accenture lowered its full-year revenue growth forecast to between 3 per cent and 4 per cent, down from 3 per cent to 5 per cent, as analysts warn AI disruption threatens the consulting sector.
23 Articles
23 Articles
Accenture shells out $4.18B on three companies in big industrial cybersecurity push
Accenture announced Thursday it would acquire a majority stake in industrial cybersecurity firm Dragos for $3.25 billion and purchase two smaller security companies outright, essentially making a $4.18 billion bet that defending the IT networks of power grids, pipelines, factories and critical infrastructure sectors will become one of the defining challenges of the AI era. The deals — which also include two Austin, Texas-based companies, runZero…
Why Accenture Stock Opened 18.9% Lower Today
Key PointsAccenture's fiscal Q3 earnings beat estimates, but revenue fell slightly short.The company announced $4.18 billion in operational technology cybersecurity acquisitions.Accenture shares have lost half their value year-to-date, and the stock trades at rock-bottom valuation ratios.10 stocks we like better than Accenture Plc › Shares of tech consulting veteran Accenture (NYSE: ACN) opened Thursday's trading 18.9% lower, hamstrung by a mixe…
Accenture stock drops 20%, buys $4.18bn of cybersecurity
Accenture had the worst day in its history on the stock market on Thursday, and the reason cuts to the heart of the AI era: investors increasingly fear that AI will hollow out the consulting business itself. Shares fell as much as 20 per cent, the company’s worst one-day drop on record, after it forecast […] This story continues at The Next Web
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