Accenture announced on June 18, 2026, that it will acquire a majority stake in Dragos and fully acquire runZero and NetRise in a combined transaction valued at approximately $4.175 billion. The deal represents the largest single investment in operational technology (OT) cybersecurity to date, signaling that critical infrastructure defense is transitioning from a services engagement to a platform capability.
Together, the three companies generate approximately $208 million in annual recurring revenue as of June 2026, reflecting 53 percent year-over-year growth. Dragos provides OT threat detection and a vendor-neutral platform with a proprietary industrial dataset. runZero delivers exposure assessment and attack-surface intelligence for asset visibility. NetRise specializes in software supply chain security with firmware-level device exposure visibility.
Julie Sweet, Accenture’s CEO, stated: “Our clients across industries are asking us how to be more proactive and integrated in their approach to cybersecurity.” Robert M. Lee, Dragos CEO, added: “Organizations need solutions, not a patchwork of software and services.”
Upon completion, runZero and NetRise will operate under Dragos, led by Lee. The deal is structured to preserve Dragos’s autonomy as a standalone entity focused on the OT cybersecurity mission. Transactions are expected to close in August or September 2026, subject to regulatory approvals.
Defenders at critical infrastructure operators should monitor how the combined platform evolves. The integration of asset discovery (runZero), threat detection (Dragos), and firmware supply chain analysis (NetRise) under a single operational umbrella could simplify the tooling fragmentation that has historically hindered OT security programs.
