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Accenture announced on June 17, 2019, that it had acquired Deja vu Security, a Seattle-area cybersecurity research and consulting firm. The privately held company’s security design and testing work for enterprise software and Internet of Things (IoT) technologies was placed within Accenture Security’s Cyber Defense offerings. Accenture did not disclose the financial terms.

What Deja vu Security did

Founded in 2011, Deja vu Security specialized in security design and testing for enterprise software platforms and IoT technologies. SecurityWeek characterized it as an information-security research and consulting provider. Accenture described its services as helping major technology companies strengthen business applications and incorporate security into product development.

The firm also brought techniques, tools and methods for securing connected devices and IoT networks, according to Accenture’s June 17, 2019 announcement.

Why Accenture said it made the acquisition

Accenture said the deal would add technical expertise for securing connected devices and IoT networks and support integrating security throughout product development. That was the company’s stated strategic rationale; the announcement does not establish subsequent client outcomes.

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Kelly Bissell, then senior managing director of Accenture Security, 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.”

The announcement also cited an Accenture research estimate that cyberattacks could result in US$5.2 trillion in additional costs and lost revenue over the following five years. This was a forecast, not a reported realized loss; the acquisition announcement did not provide the estimate’s underlying methodology.

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Where the firm fit within Accenture

Accenture said Deja vu Security became part of Accenture Security’s Cyber Defense offerings. That placement describes the organization at the time of the announcement; the sources do not establish the acquired team’s present-day structure.

SecurityWeek’s June 19, 2019 report likewise described the firm as joining those Cyber Defense offerings and said it had operated since 2011.

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Deal terms and announcement date

  • Announcement: June 17, 2019.
  • Acquired company: Deja vu Security, a privately held Seattle-area firm.
  • Financial terms: Not disclosed by Accenture or in SecurityWeek’s coverage.

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