Managed Security Services

Accenture Acquires MNEMO Mexico to Enhance Managed Cybersecurity Services

Accenture announced its acquisition of MNEMO Mexico, a managed cybersecurity services firm based in Mexico City. Financial information was not disclosed.

This is technology M&A deal number 288 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.

Accenture, founded in 1989, is based in Dublin, Ireland. The company has over 500,000 employees listed on LinkedIn. Accenture’s areas of expertise include consulting, digital, technology, and operations services.

MNEMO Mexico, founded in 2012, is based in Mexico City, Mexico. The company has 229 employees listed on LinkedIn. MNEMO Mexico’s areas of expertise include advanced cyber defense, response capabilities, and a cyber intelligence platform powered by generative AI and other advanced technologies.

Merging Expertise and Growth

Paolo Dal Cin, who leads Accenture Security globally, commented:

"The combination of MNEMO Mexico’s managed cybersecurity services, extensive industry expertise, and strong client base makes them an ideal partner to complement our existing capabilities. Together, we aim to help organizations globally build more cyber-resilient businesses."

Julian Garrido, General Director of MNEMO Mexico, expressed his said:

"For over 20 years, our clients have trusted us to defend them against cyberattacks. Joining Accenture Security allows us to collaborate across industries and assist clients worldwide in constructing a secure future."

The Increasing Need for Cybersecurity in Mexico

Reports suggest that Mexico ranks prominently among Latin American countries frequently targeted by cyberattacks. Findings from the World Economic Forum’s Global Cybersecurity Outlook 2023, in partnership with Accenture, highlighted that talent acquisition and retention remain significant challenges in managing cyber resilience.

Accenture’s M&A Growth

Accenture has expanded globally via M&A plays in regions around the world, acquiring dozens of companies each year. Many of the deals focus on cloud services, cybersecurity, digital transformation, data and analytics, managed services, sustainability and ad agencies. 

You can see a full list of Accenture acquisitions ChannelE2E has tracked here.