Accenture, a Top 250 MSSP, has expanded its managed security services reach through an investment in São Paulo, Brazil-based Tenchi Security, the global technology and professional services company announced February 1.
This is technology M&A deal number 25 that MSSP Alert and ChannelE2E have covered so far in 2024. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here. Our 2024 list is coming soon.
The strategic investment was made through Accenture Ventures, a third-party cyber risk management company, enabling Accenture to leverage Tenchi’s software-as-as-service (SaaS) platform to help organizations reduce cyber risks across their supply chain, Accenture said. On its website, Tenchi describes itself as a supply chain information management security company. Terms of the investment were not disclosed.
Accenture saw something in Tenchi’s SaaS platform that others didn’t offer within the cyber risk management market. Tenchi’s approach, Accenture asserts, provides “a holistic view of an organization’s cyber risk profile through a comprehensive risk assessment.”
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