Cybersecurity In Space? Accenture Invests In Virginia-Based SpiderOak
Portfolio Pulse from Akanksha Bakshi
Accenture announces a strategic investment in SpiderOak, a provider of zero-trust cybersecurity solutions for next-generation space systems. SpiderOak's OrbitSecure product suite delivers zero trust security to zero gravity environments. The investment is made through Accenture Ventures' Project Spotlight.
May 18, 2023 | 2:13 pm
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Accenture invests in SpiderOak, expanding its cybersecurity portfolio and targeting emerging technology companies through Accenture Ventures' Project Spotlight.
Accenture's investment in SpiderOak expands its cybersecurity portfolio and demonstrates its commitment to emerging technology companies. This strategic investment can potentially enhance Accenture's offerings and create new opportunities in the space systems market. As a result, the stock price is likely to go up in the short term.
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