In a move to increase its presence in the North American region, Capgemini has entered an agreement to acquire cybersecurity firm Leidos Cyber.
“Leidos Cyber is a pioneer in the field of cybersecurity. It defined the market in protecting the industrial control ecosystem for the mission critical infrastructure needs of global enterprises,” comments Paul Hermelin, Chairman and CEO, Capgemini stated in a release. “Its world class security expertise and status as a trusted advisor to many Fortune 500 leaders makes it totally complementary to Capgemini’s global cybersecurity practice. It is the perfect fit to reinforce our cybersecurity practice in North America, to help meet the security requirements of our international client base. I look forward to welcoming them to the Group.”
The acquisition which will help the company meet the demand for Capgemini’s portfolio in information security services across the United States is subject to an anti-trust and Committee of Foreign Investment in the United States (CFIUS) approvals, and is set to close by the end of 2018. The financial details of the acquisition have not been revealed yet.
“Capgemini’s well-established security services portfolio coupled with its global presence makes it a natural home for our commercial cybersecurity team,” comments Robert Meindl, President, Leidos Cyber. “Not only will we be able to play our part in augmenting the North America cybersecurity practice but we also look forward to adding value to the global security provisions of Capgemini’s clients around the world.”
“Our decision to transition the Leidos commercial cybersecurity business to Capgemini is the result of our deliberate focus on providing solutions, including cyber, to our core markets-governments and highly regulated industries,” said Angie Heise, President, Leidos Civil Group concurred.