Capgemini to acquire Leidos Cyber, the commercial cybersecurity division of Leidos
June 07 2018 - 1:30AM
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Capgemini to
acquire Leidos Cyber, the commercial cybersecurity
division of Leidos
Paris, June 7,
2018- Capgemini has entered into an agreement
to acquire Leidos Cyber, the commercial cybersecurity arm of
the FORTUNE 500® company Leidos*. This acquisition will reinforce the
Group's capabilities in North America, helping to meet growing
customer demand for its portfolio of cybersecurity services and
solutions across the region. The completion of the acquisition is
subject to anti-trust and Committee of Foreign
Investment in the United States (CFIUS) approvals. The transaction
is expected to close by the end of 2018.
A commercial enterprise security
leader[1] with proven
critical infrastructure capabilities[2], Leidos
Cyber has established a successful track record of over 10 years in
the commercial cybersecurity business. It comprises a team of
almost 500 elite cybersecurity professionals located principally
across North America. Leidos Cyber provides to its enterprise
clients a holistic platform that services their entire security
architecture demands, including integrated offerings for security
combined with managed security services. Its customers include
primarily FORTUNE 500® companies across multiple sectors.
"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. "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."
"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. "Capgemini's commitment to
engaging a broad set of commercial markets makes it an ideal fit
for the Leidos Cyber business."
About Capgemini
A global leader in consulting, technology services and digital
transformation, Capgemini is at the forefront of innovation to
address the entire breadth of clients' opportunities in the
evolving world of cloud, digital and platforms. Building on its
strong 50-year heritage and deep industry-specific expertise,
Capgemini enables organizations to realize their business ambitions
through an array of services from strategy to operations. Capgemini
is driven by the conviction that the business value of technology
comes from and through people. It is a multicultural company of
200,000 team members in over 40 countries. The Group reported 2017
global revenues of EUR 12.8 billion.
Visit us at www.capgemini.com. People matter,
results count.
*About Leidos
Leidos is a Fortune 500® information technology, engineering, and
science solutions and services leader working to solve the world's
toughest challenges in the defense, intelligence, homeland
security, civil, and health markets. The company's 31,000 employees
support vital missions for government and commercial customers.
Headquartered in Reston, Virginia, Leidos reported annual revenues
of approximately $10.17 billion for the fiscal year ended December
29, 2017. For more information, visit www.Leidos.com. For media
inquiries, contact Jason Kello, Vice President, Director of Media
Relations at +1 (571) 526-6011.
[1] Leidos
Cyber was recognized as a 'Strong Performer' in the Forrester Wave:
Information Security Consulting Services, Q3 2017
[2] Leidos
Cyber holds numerous recognized industry accreditations including
CREST® Penetration Testing, Incident Response and Cyber Essentials
Accreditation; NSA Certified Incident Response Assistance (CIRA)
accreditation; and Global Industrial Cyber Security Professional
(GICSP) certified consultants
Capgemini to acquire Leidos
Cyber
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The issuer of this announcement warrants that they are solely
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information contained therein.
Source: Capgemini SE via Globenewswire
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