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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
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