Accenture said Monday it has entered into an agreement to acquire Redcore, a privately held Australia-based consulting company that specializes in providing identity and access management services (IAM), as well as security services for Cloud, network management, public key infrastructure, cyber defense, applications and the internet of things.
Redcore, with its headquarters in Melbourne, Australia, provides security services and IT service management for a wide range of clients, including government agencies and companies across the finance, health, retail and telecommunications industries.
Redcore has deployed multiple large-scale cybersecurity solutions, including multi-factor authentication and secure application gateways that are used by some of the major Australian banks and government agencies, Accenture said in a statement.
“The acquisition of Redcore will allow us to expand our existing IAM services and security-as-a-Service capabilities – along with other critical cyber defense services – while also immediately extending our leadership position in the Asia-Pacific region,” said Kelly Bissell, managing director, Accenture Security.
“Redcore has a team of seasoned security leaders who have exceptional security skills and industry knowledge. Together, we will be better positioned to tailor intelligent security services to organizations’ unique businesses and industries and deliver innovative solutions that help build business resilience from the inside out,” he added.
The acquisition is subject to customary closing conditions. Financial terms are not being disclosed.