Atos to acquire Managed Detection and Response Leader Paladion
June 2020 by Marc Jacob
Atos announces an agreement to acquire Paladion, a US-based global provider of Managed Security Services, to strengthen its global cybersecurity services. This acquisition will bring Managed Detection & Response (MDR) capabilities to the Atos portfolio and create the next generation of Atos’ Prescriptive Security Operations Center offering.
Paladion is a global leader in cloud-native Managed Detection and Response, delivering to 400+ clients in 12 countries. Its AI-driven technology has consistently been recognized by market analysts for enabling highly effective threat anticipation, detection and response. Its unique technology, combined with Atos’ R&D capabilities in AI, threat and risk-based analytics, will enhance Atos’ prescriptive security platforms and operations.
The Paladion Security Delivery centers in US, Middle East and India will join the wide network of Atos global Security Operations Centers (SOCs) and benefit from Atos’ unique go-to-market, while strengthening Atos’ position in key growing markets and its ability to deliver at a competitive cost globally.
Headquartered in Reston, VA, United States, Paladion, led by Rajat Mohanty, CEO, was founded in 2000 and has since grown to more than 800 employees and cybersecurity experts worldwide with more than $29m turnover in 2019. The company combines its cyber security specialists with proprietary MDR platform and SOCs to deliver faster security outcomes.
With their combined expertise, Paladion and Atos intend to bring their technology and business knowledge assets to build the extended Detection & Response capability that customers need as they are adopting hybrid and multi-cloud transformation strategies for their businesses.
The closing of the transaction is expected to take place in Q4 2020.