Accenture has entered into an agreement to acquire managed security specialists Redcore, in a bid to expand the consulting giant's security offerings across the region.
Based in Melbourne, Redcore specialises in providing identity and access management services (IAM), as well as security services for Cloud, network management, public key infrastructure, cyber defence, applications and the internet of things.
As an Oracle, BMC Software, and CA Technologies partner, Redcore develops holistic authentication, authorisation and administration services across a range of Cloud, web, mobile and adaptive access-management technologies.
“The acquisition of Redcore will allow us to expand our existing IAM services and security-as-a-service capabilities - along with other critical cyber defense services - while also immediately extending our leadership position in the Asia-Pacific region,” Accenture Security managing director, Kelly Bissell, said.
“Redcore has a team of seasoned security leaders who have exceptional security skills and industry knowledge.
“Together, we will be better positioned to tailor intelligent security services to organisations’ unique businesses and industries and deliver innovative solutions that help build business resilience from the inside out."
In deploying multiple large-scale cybersecurity solutions into some of the major Australian banks and government agencies, Redcore provides security services and IT service management for a wide range of clients across the finance, health, retail and telecommunications industries.
Founded in 2010, Redcore has multiple offices in Australia, India, New Zealand, the Philippines and Singapore and has approximately 130 security professionals.
"We are excited to become part of Accenture Security and to bring our proven deep, highly-specialised skills and services to strengthen Accenture’s IAM and other cybersecurity offerings,” Redcore co-founder, Joseph Failla, said.
"We are very proud of Redcore’s wonderful team and our achievements, and we now look forward to creating an unrivalled combined cybersecurity team and launching capabilities that will change the market.
“With Accenture’s extensive global security resources, its methodologies and its interdisciplinary security ecosystem of innovators from across the world, we will be able to rapidly advance Redcore’s capabilities and innovate leading-edge solutions for clients, as well as provide excellent opportunities and career paths for our employees."