Accenture Acquires Dragos Majority Stake Plus runZero and NetRise for $4.18B to Build Industrial Cybersecurity Platform

Accenture announced June 18 it will pay a combined $4.175 billion to acquire a majority stake in Dragos — an OT threat-detection platform valued at roughly $3.25 billion — plus 100% of runZero (asset discovery) and NetRise (firmware analysis), creating an end-to-end industrial and critical-infrastructure cybersecurity platform. The three targets collectively generate approximately $208 million in annual recurring revenue, up 53% year-over-year, with deals expected to close in August and September 2026 pending regulatory approval. CEO Julie Sweet framed the move as essential to securing AI-era critical infrastructure, targeting a $27 billion OT security market projected to reach $59 billion by 2031.