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Dragos Completes NetRise and runZero Acquisitions Following Accenture Deal

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Summary

Dragos, a cybersecurity firm specializing in operational technology (OT) security, has completed the acquisitions of NetRise and runZero as part of Accenture’s $4.1 billion investment. These acquisitions significantly expand Dragos’ capabilities in software supply chain security and asset discovery, bolstering its defenses against threats targeting critical infrastructure. Robert M. Lee will continue to lead Dragos, and key personnel from both acquired companies are joining the Dragos team. This move represents a substantial investment in OT security and a broadening of Dragos’ threat landscape coverage.

Dragos, a cybersecurity firm focused on operational technology (OT) security, has finalized its acquisitions of NetRise and runZero. These strategic moves are a direct result of Accenture’s $4.1 billion investment in Dragos, announced earlier this year. The acquisitions are intended to bolster Dragos’ existing OT security platform and expand its reach within the broader operational technology market.

NetRise contributes firmware-level insight into device exposure and software supply chain visibility, while runZero, founded by Metasploit creator HD Moore, adds asset discovery, exposure assessment and attack surface intelligence. Dragos stated that these additions will enhance its ability to manage exposure and secure software supply chains, complementing its existing OT asset visibility and threat detection capabilities. Robert M. Lee will continue to serve as CEO of Dragos, and key executives from both NetRise and runZero will be joining Dragos’ team to lead platform integration.

Financial details regarding the acquisitions of NetRise and runZero have not been publicly disclosed, although it was previously reported that Accenture acquired a majority stake in Dragos for an enterprise valuation of $3.25 billion within the larger $4.1 billion investment. The acquisitions underscore a growing trend of consolidation within the cybersecurity industry and a heightened focus on protecting critical infrastructure from increasingly sophisticated attacks.

SecurityWeek’s cybersecurity M&A tracker has recorded over 280 deals this year. This investment highlights the increasing importance of securing operational technology environments, which are often vulnerable due to a lack of traditional cybersecurity practices.

Read the full article at SecurityWeek