Atos to acquire Managed Detection and Response Leader Paladion

Paris, June 24, 2020,

Atos, a world-wide chief in electronic transformation, nowadays announces an settlement to acquire Paladion, a US-centered world-wide company of Managed Protection Expert services, to bolster its world-wide cybersecurity services. This acquisition will convey Managed Detection & Reaction (MDR) capabilities to the Atos portfolio and create the following era of Atos’ Prescriptive Protection Functions Heart offering.

Paladion is a world-wide chief in cloud-native Managed Detection and Reaction, providing to 400+ customers in twelve international locations. Its AI-pushed technological innovation has constantly been acknowledged by market place analysts for enabling very powerful menace anticipation, detection and response. Its unique technological innovation, merged with Atos’ R&D capabilities in AI, menace and threat-centered analytics, will increase Atos’ prescriptive safety platforms and operations.

The Paladion Protection Supply centers in US, Middle East and India will be part of the large community of Atos world-wide Protection Functions Facilities (SOCs) and advantage from Atos’ unique go-to-market place, even though strengthening Atos’ posture in essential developing marketplaces and its skill to produce at a aggressive cost globally.

Atos was searching for the appropriate and good asset to enter an rising and nonetheless pretty aggressive market place, that of Managed Detection & Reaction. We observed with Paladion a mature staff and innovative technological innovation crafted to produce outcomes and reduce customers pitfalls. Their cloud-native technological innovation will be an asset for our expansion techniques in cybersecurity and cloud alternatives, delivering our customers with accelerated organization transformation.” states Pierre Barnabé, Senior Executive Vice-President, Head of Large Knowledge & Cybersecurity at Atos. “Paladion is genuinely client-centric and shows exceptionally high client retention, which is in line with Atos’ values.”

Headquartered in Reston, VA, United States, Paladion, led by Rajat Mohanty, CEO, was established in 2000 and has since grown to additional than 800 staff and cybersecurity specialists globally with additional than $29m turnover in 2019. The business brings together its cyber safety specialists with proprietary MDR platform and SOCs to produce more rapidly safety outcomes.

We feel this is an market-defining deal, combining the scale and methods of Atos in managed safety services with Paladion’s cloud-sent managed detection and response technological innovation. We are excited to be part of forces with Atos and jointly turn into the cybersecurity company of decision for world-wide corporations in their electronic journey.” states Rajat Mohanty, CEO at Paladion.

With their merged knowledge, Paladion and Atos intend to convey their technological innovation and organization understanding property to build the prolonged Detection & Reaction ability that customers need to have as they are adopting hybrid and multi-cloud transformation techniques for their organizations.

The closing of the transaction is predicted to consider area in This autumn 2020.

Down load the release in pdf

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About Atos

Atos is a world-wide chief in electronic transformation with 110,000 staff in seventy three international locations and once-a-year income of € twelve billion. European selection a person in Cloud, Cybersecurity and Superior-Overall performance Computing, the Group gives close-to-close Orchestrated Hybrid Cloud, Large Knowledge, Enterprise Applications and Electronic Workplace alternatives. The Group is the Throughout the world Information Technologies Partner for the Olympic & Paralympic Games and operates below the makes Atos, Atos|Syntel, and Unify. Atos is a SE (Societas Europaea), shown on the CAC40 Paris stock index.
The objective of Atos is to support design and style the future of the info room. Its knowledge and services help the enhancement of understanding, training and analysis in a multicultural solution and contribute to the enhancement of scientific and technological excellence. Across the environment, the Group allows its customers and staff, and associates of societies at large to reside, operate and acquire sustainably, in a protected and secure info room.

About Paladion

Paladion is a following-era cybersecurity company to technological innovation, producing, and cloud-initial companies throughout the United States, Middle East and Asia. They are constantly acknowledged and rated by unbiased technological innovation advisory corporations for their Managed Detection and Reaction Expert services, Cloud Protection, and Vulnerability Administration & Reaction services, which is anchored by their patented Artificial Intelligence platform – AIsaac.
For additional info, you should stop by https://www.paladion.web.

Contacts

Investor Relations: Gilles Arditti – +33 ()one seventy three 26 00 66 – [email protected]

Press Relations: Lucie Duchateau – +33 ()seven 62 85 35 10 – [email protected]