Overview
- Accenture announced the transaction on Thursday, June 18, 2026, saying it will take a majority stake in Dragos and fully acquire runZero and NetRise in a package valued at about $4.175 billion.
- Accenture projects the three firms will deliver roughly $208 million in annual recurring revenue as of June 2026, implying a purchase price near 20 times ARR and prompting a drop in Accenture’s stock after the company also cut guidance.
- Under the disclosed plan Dragos will remain an independent, vendor‑neutral business led by CEO Robert M. Lee while runZero and NetRise will operate under Dragos’ leadership once the deals close in August–September pending approvals.
- The three companies bring complementary capabilities: Dragos for operational technology threat detection and incident response, runZero for asset discovery and exposure mapping, and NetRise for device firmware and supply‑chain visibility.
- Accenture frames the move as a strategic push into defending critical infrastructure from rising OT threats and AI‑enabled attacks, a shift that could accelerate consolidation in OT security and change how utilities and factories manage risks.