- Accenture has agreed to acquire a majority stake in Dragos and 100 percent of runZero and NetRise
- The proposed deals would expand Accenture’s OT cybersecurity capabilities
- The 2026 FedCiv Summit will explore AI, cybersecurity and modernization priorities
Accenture has agreed to acquire a majority stake in Dragos and full ownership of runZero and NetRise in transactions worth approximately $4.2 billion combined to expand its operational technology cybersecurity offerings.
As organizations work to strengthen cyber defenses across increasingly interconnected IT and operational technology environments, government and industry leaders will discuss related priorities at the Potomac Officers Club’s 2026 FedCiv Summit. Topics will include scaling artificial intelligence across government, cybersecurity and compliance initiatives, cloud and data infrastructure, workforce enablement and enterprisewide modernization efforts. Register now to secure your spot at the Oct. 29 event.
The company said Thursday the transactions are expected to be finalized in August or September, subject to regulatory approvals and other customary closing conditions.
What Will the Proposed Acquisitions Bring to Accenture?
The proposed acquisitions would add new capabilities to Accenture’s OT cybersecurity portfolio.
Dragos provides an OT cybersecurity platform focused on threat detection and industrial environments. runZero offers asset intelligence and exposure assessment capabilities, while NetRise specializes in device security and software supply chain security.
According to Accenture, combining the three companies would provide customers with expanded visibility into OT environments, exposure management capabilities and enhanced threat detection and response functions across critical infrastructure and industrial operations.
The company said the additions would strengthen its position in the OT cybersecurity market and expand its software capabilities serving power grids, manufacturing facilities, pipelines, distribution centers and data centers.
What Are the Details of the Transactions?
Under the agreements, Accenture will acquire a majority stake in Dragos and 100 percent of runZero and NetRise. Following the transactions, runZero and NetRise will operate under Hanover, Maryland-based Dragos, which will continue to run as an independent business led by Co-Founder and CEO Robert Lee.
HD Moore, CEO of runZero, NetRise CEO Thomas Pace and Michael Scott, chief technology officer and chief scientist at NetRise, will join Dragos’ leadership team.
Accenture expects the three cybersecurity companies to generate about $208 mllion in annual recurring revenue as of June, reflecting a year-over-year growth of 52 percent. The proposed acquisitions are expected to be accretive to free cash flow and earnings per share over time.
What Did Accenture Officials Say About the Proposed Deals?
Julie Sweet, chair and CEO of Accenture, said clients are seeking a more proactive and integrated approach to cybersecurity as cyberthreats and geopolitical risks continue to evolve.
“In an age when AI-driven cyber threats and geopolitical risk are evolving at a rapid pace, our cybersecurity practice is growing by double-digits and has a strong track record of leveraging inorganic opportunity to fuel organic growth,” Sweet said.
She noted that the addition of Dragos, complemented by runZero and NetRise, addresses client demand for a more integrated cybersecurity approach and is expected to strengthen Accenture’s position in critical infrastructure and industrial operations markets.
In a LinkedIn post published Thursday, Accenture Federal Services CEO Ron Ash said the acquisitions are intended to help organizations strengthen cybersecurity across IT, operational technology and extended operational technology environments.
“We are bringing together the capabilities of Dragos, runZero, and NetRise to empower our clients to see, secure, and act across IT, OT, and xOT environments—at mission scale,” said Ash, a 2026 Wash100 awardee.
Ash said the combined capabilities are expected to help organizations improve threat detection and response times; gain a unified view of cyber and physical systems; leverage asset intelligence for AI-powered defense; and strengthen protection of critical infrastructure.
