Accenture to acquire Australian security firm

New Delhi, Aug 23 (IANS) Global professional services company Accenture on Tuesday announced that it has entered into an agreement to acquire Redcore, a privately-held Australia-based security company for an undisclosed sum.

The acquisition will expand Accenture security's offerings and presence in the Asia-Pacific region.

"The acquisition will allow us to expand our existing IAM services and Security-as-a-Service (SaaS) capabilities -- along with other critical cyber defense services -- while extending our leadership position in the Asia-Pacific region," said Kelly Bissell, Managing Director, Accenture Security, in a statement.

Redcore develops holistic authentication, authorisation and administration services across a range of Cloud, web, mobile and adaptive access-management technologies.

"With Accenture's extensive global security resources, we will be able to rapidly advance Redcore's capabilities and innovate leading-edge solutions for clients," added Joseph Failla, Co-founder, Redcore.

Founded in 2010, Redcore has offices in Australia, India, New Zealand, the Philippines and Singapore and has nearly 130 security professionals.