Accenture Acquires Deja vu Security for IoT security

Accenture announced the acquisition of Deja vu Security. Financial terms of the deal were not disclosed.

Founded in 2011, the Seattle-based Deja vu Security has been providing information security research and consulting services. The company specializes in security services, security design and testing of enterprise software platforms and Internet of Things (IoT) technologies.

Executive Opinion

Senior managing director of Accenture Security, Kelly Bissell, said, "For technology companies, third-party suppliers and consumers alike, IoT security controls often remain an afterthought — which is why it’s critical that security is built in from the start for any new products, processes or services. Deja vu Security’s team of innovative specialists brings considerable technical cybersecurity skills, making them a strong strategic fit, and will help our clients reduce the risk of their connected solutions. We are very excited to welcome the Deja vu Security team to Accenture."

Chief executive officer, Deja vu Security, Adam Cecchetti, said, "Today’s announcement is an exciting new chapter for Deja vu Security and our employees. Accenture’s people-focused culture and innovative mindset are core values that both companies share, and our unique capabilities complement each other perfectly. We are thrilled to be joining such a high-caliber global organization."

Focus of Deja vu Security's acquisition

Accenture Security provides cybersecurity services to prepare, protect, detect, respond and recover along all stages of the product security lifecycle.

The announcement emphasised on Accenture's investment focus in cybersecurity solutions through Accenture Security. The announcement also noted Accenture research findings pointing at US$5.2 trillion in additional costs and lost revenue over the next five years due to cyber attacks on internet-enabled business modelled businesses. The Deja vu Security acquisition is the step in the same direction in the 'Security of Things' area.

The Seattle-area company will become part of Accenture Security’s Cyber Defense offerings, says the announcement.