Kirkland & Ellis LLP advised Accenture (NYSE: ACN) on its acquisition of Symantec’s Cyber Security Services business from Broadcom, Inc. (NASDAQ: AVGO). The acquisition will make Accenture Security one of the leading providers of managed security services, further enhancing its ability to help companies rapidly anticipate, detect and respond to cyber threats. Financial terms were not disclosed. Completion of the acquisition is subject to customary closing conditions and is expected to close in March 2020.
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The Kirkland team was led by transactional partners Sarkis Jebejian and Carlo Zenkner and associate Gisella de la Rocha; tax partner Sara Zablotney and associate Meg Dewar; technology & IP transactions partners Seth Traxler, Aaron Lorber and Adam Petravicius and associate Todd Herst; and employee benefits partner Melissa Grim.