Accenture - Dragos

Accenture Venture Holdings, LLC, an indirect wholly-owned subsidiary of Accenture plc (together with its direct and indirect subsidiaries, **Accenture**) proposes to acquire approximately 80% to 90% of the shares in (and control of) Dragos, Inc. (together with its direct and indirect subsidiaries, including Phosphorus Security LLC (**Phosphorus**), **Dragos**). Accenture is a global professional services company headquartered in Dublin, Ireland. It provides a broad range of services across strategy, consulting, digital, technology, and operations designed to assist public and private clients. Accenture provides a range of services in the cybersecurity space from strategic planning through managed security services, operating as both a strategic consultant and systems integrator, working with technology solution partners to offer full-service offerings to customers. Dragos is a global supplier of Operational Technology (**OT**) cybersecurity asset discovery, vulnerability management and threat detection technology, as well as threat intelligence and related services. Its subsidiary, Phosphorus, provides extended Internet of Things (**xIoT**) device discovery, vulnerability identification and remediation technology. Dragos is headquartered in the US. Accenture has separately notified its proposed acquisition of runZero, Inc (MN-60031), which the ACCC is also assessing.

Status
Under assessment
Stage
Phase 1 - initial assessment
Notified
29 July 2026

Acquirers

  • Accenture Venture Holdings, LLC

Targets

  • Dragos, Inc.
  • Phosphorus Security LLC
  • PHOSPHORUS (AUS) PTY LTD
  • DRAGOS AUSTRALIA PTY LTD

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