Paris, June 24, 2020 Acts, a world leader in digital transformation, announces today an agreement to acquire Paladion, a global provider of managed security services based in the United States, to strengthen its global cybersecurity services. This acquisition will bring Managed Detection and Response (MDR) capabilities to the Atos portfolio and create the next generation of the Atos Prescriptive Security Operations Center offering.
Paladion is a world leader in cloud-managed native detection and response, delivering to more than 400 customers in 12 countries. Its AI-based technology has always been recognized by market analysts for enabling highly effective threat anticipation, detection and response. Its unique technology, combined with Atos ‘R&D capabilities in AI, threat and risk analysis, will improve Atos’ prescriptive security platforms and operations.
Paladion Security Delivery Centers in the United States, the Middle East and India will join Atos ‘extensive network of Global Security Operations Centers (SOCs) and benefit from Atos’ single market, all by strengthening Atos’ position on the main growth markets and its ability to deliver. at a globally competitive cost.
Atos was looking for the right solid asset to enter an emerging and yet very competitive market, that of managed detection and response. With Paladion, we have found a mature team and cutting-edge technology designed to deliver results and reduce risk for customers. Their native cloud technology will be an asset to our expansion strategies in cybersecurity and cloud solutions, providing our customers with accelerated business transformation. said Pierre Barnab, senior executive vice-president, responsible for Big Data and cybersecurity at Atos. Paladion is genuinely customer-centric and displays extremely high customer retention, which matches the values of Atos.
Based in Reston, VA, USA, Paladion, led by Rajat Mohanty, CEO, was founded in 2000 and has since employed over 800 employees and cybersecurity experts worldwide with sales of over 29 million dollars in 2019. The company combines its cybersecurity specialists with an MDR platform and proprietary SOCs to deliver faster security results.
We believe this is an industry-defining agreement, combining Atos’ scale and resources in managed security services with managed detection and response technology provided by the Paladions cloud. We are excited to partner with Atos and together become the cybersecurity provider of choice for global organizations on their digital journey. said Rajat Mohanty, CEO of Paladion.
With their combined expertise, Paladion and Atos intend to bring their technological and commercial resources to develop the extended detection and response capacity that customers need as they adopt hybrid and multicloud transformation strategies for their businesses.
The transaction is expected to close in the fourth quarter of 2020.
Atos is a world leader in digital transformation with 110,000 employees in 73 countries and an annual turnover of 12 billion. The European leader in cloud, cybersecurity and high performance computing, the Group offers end-to-end orchestrated hybrid cloud solutions, Big Data, professional applications and digital workstations. The Group is the global information technology partner for the Olympic and Paralympic Games and operates under the brands Atos, Atos | Syntel and Unify. Atos is an SE (Societas Europaea) listed on the CAC40 Paris stock market index.
The goal of Atos is to help shape the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Around the world, the Group enables its customers and employees, as well as members of companies in the broad sense, to live, work and develop sustainably, in a safe and secure information space.
Paladion is a next-generation cybersecurity provider for technology, manufacturing, and cloud-first businesses in the United States, the Middle East, and Asia. They are regularly recognized and rated by independent technology consulting companies for their managed detection and response services, cloud security and vulnerability management and response services, which are anchored by their patented artificial intelligence platform. AIsaac.
For more information, please visit https://www.paladion.net.
Atos to Acquire Paladion, the Leader in Managed Detection and Response
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