Cyber Risks · Dragos Blog

Meeting the Market and Mission Moment with a Multi-Billion Dollar xOT Cybersecurity Platform and Team

Summary: Accenture is acquiring a majority stake in Dragos at a $3.2B valuation, and all of runZero and NetRise, bringing the combined business value to $4.175B. Dragos CEO Robert M. Lee says he remains CEO, employees keep their equity and roles, and the deal's governing documents legally bind the company to its OT cybersecurity focus and mission.

Key Takeaway: The deal makes the combined business, in Lee's words, the most valued OT cybersecurity company in history, and folds runZero's exposure management and NetRise's software supply chain security into a single xOT platform. Lee's stated driver is that state-sponsored actors are pre-positioning in critical infrastructure and using AI to turn once low-frequency, high-consequence attacks into a higher-frequency reality.

Read the original at Dragos Blog ↗

Topics
OT / ICS & Critical Infrastructure
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