Accenture to Take Majority Stake in Dragos, Acquire runZero and NetRise in $4.175B OT Security Deal

Summary
Accenture announced a majority investment in Dragos and acquisitions of runZero and NetRise, valuing the combined enterprise at about $4.175 billion. The companies aim to combine OT threat detection, asset discovery, firmware analysis and supply-chain visibility.
Key points
- Accenture announced it will take a majority stake in Dragos and acquire all of runZero and NetRise.
- Accenture puts the combined enterprise value at about $4.175 billion, subject to standard price adjustments; the deals are expected to close in August and September.
- The companies’ capabilities include Dragos’ OT threat detection, runZero’s asset discovery and exposure assessment, and NetRise’s firmware analysis and software supply-chain visibility.
- Accenture says the combination is intended to improve visibility, threat detection and response for industrial and critical-infrastructure operators.
- Dragos CEO Robert Lee said the deal values Dragos at $3.25 billion; Accenture projects the three businesses will generate about $208 million in ARR as of June 2026.
Article Details
- Event Type
- Cybersecurity acquisitions: Accenture announced a majority stake in Dragos and full acquisitions of runZero and NetRise.
- Impact
- The companies plan to combine Dragos' OT threat detection, runZero's asset discovery and exposure assessment, and NetRise's firmware and software supply-chain analysis into a solution for industrial and critical infrastructure operators. Accenture put the combined enterprise value at approximately $4.175 billion, subject to price adjustments.
People
HD MooreFounder of runZero; identified in the article as a cybersecurity expert and Metasploit creator.Julie SweetAccenture Chair and CEO; commented on the acquisitions and their strategic purpose.Robert LeeDragos CEO, who is expected to lead runZero and NetRise after the acquisitions are completed. He also said the deal values Dragos at $3.25 billion and described the expected benefits of Accenture's support.Thomas PaceFounder of NetRise.
Vendors
AccentureAccenture on Thursday announced that it’s taking a majority stake in Dragos and fully acquiring runZero and NetRise as part of a major OT cybersecurity push valued at roughly $4.1 billion.DragosAccenture on Thursday announced that it’s taking a majority stake in Dragos and fully acquiring runZero and NetRise as part of a major OT cybersecurity push valued at roughly $4.1 billion.NetRiseAccenture on Thursday announced that it’s taking a majority stake in Dragos and fully acquiring runZero and NetRise as part of a major OT cybersecurity push valued at roughly $4.1 billion.runZeroAccenture on Thursday announced that it’s taking a majority stake in Dragos and fully acquiring runZero and NetRise as part of a major OT cybersecurity push valued at roughly $4.1 billion.
Products
Industries
Critical infrastructurecombination of the three companies will deliver a unified solution that provides industrial and critical infrastructure operators with enhanced visibility across their OT environments, as well as improved threatCybersecurityAccenture on Thursday announced that it’s taking a majority stake in Dragos and fully acquiring runZero and NetRise as part of a major OT cybersecurity push valued at roughly $4.1 billion.IndustrialDragos is widely recognized for its vendor-neutral platform specializing in OT threat detection and industrial cybersecurity.
