AsianFin -- Accenture announced on Thursday that it will acquire Australian cybersecurity company CyberCX in what marks the consulting giant’s largest-ever deal in the cyber sector. The Australian Financial Review estimated the transaction’s value at over A$1 billion ($650 million).
CyberCX is being sold by private equity firm BGH Capital, though the official financial terms of the deal have not been disclosed. Neither Accenture nor BGH Capital responded immediately to Reuters’ requests for comment on the reported valuation.