Atos completes the acquisition of Paladion

Strengthening Atos' leadership in cybersecurity with new global Managed Detection & Response capabilities

Paris, October 12, 2020 – Atos, a global leader in digital transformation, today announced that it has completed the acquisition of Paladion, a US-based global provider of Managed Security Services. As the number 1 in Europe and number 3 worldwide in cybersecurity services, Atos continues to build its cybersecurity potential, notably by welcoming more than 800 Paladion employees and cybersecurity experts.

Completing Atos' existing proficiency to anticipate, manage and respond to cyber threats, this acquisition will bring key Managed Detection & Response (MDR) capabilities – which customers need as they are adopting hybrid and multi-cloud transformation strategies for their businesses – to the Atos portfolio, with multiple MDR centers.

It will also expand global coverage for cybersecurity monitoring and response with 4 additional Security Operations Centers (SOC) in the US, the Middle East and India.

Finally, it will enable the creation of the next generation of Atos' Prescriptive SOC offering by integrating Paladion's state-of-the-art AIsaac artificial intelligence (AI) platform for cyber analytics and hybrid SecOps. This SaaS model for multi-vector threat detection and response is a patented technology with over 1000 use cases and 100 AI models.

Claudio Stahnke, Senior Research Analyst for Security Services at IDC said: "Atos' acquisition of Paladion will not only help expand Atos' security services offering but, by incorporating the AI capabilities that Paladion champions, key metrics such as the mean time to respond (MTTR) to attacks will also see substantial improvements. Packaging Paladion's MDR service into Atos' existing MSS offerings could be the game changer in the market."

"The acquisition of Paladion is part of our strategy to expand our cyber capabilities and technologies to help our customers meet the security challenges they face. Customers on both sides appreciate the capabilities the merger brings and we're confident that w e are ideally positioned to accelerate our business ." said Pierre Barnabé, Senior Executive Vice-President, Head of Big Data & Cybersecurity at Atos , commenting on the finalization of the deal.

"Paladion has been a pioneer in AI-driven managed detection and response services. Our cloud-native AI platform, AIsaac, brings multi-vector threat analytics, auto-containment and incident response orchestration to customers for hybrid cloud and datacenter environments. We are excited to join Atos to advance these capabilities through their R&D in AI, threat, and risk-based analytics." said Rajat Mohanty, CEO of Paladion.

Headquartered in Reston, VA, United States, Paladion was founded in 2000. The founders will continue to play an active role in the years to come.

With this acquisition, Atos strengthens its global cybersecurity services, as presented in its mid-term Ambition , with the overall goal of becoming the leader in secure and decarbonized digital, reaching more than €2bn revenue in digital security in the mid-term and completing its existing technologies.

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About Atos

Atos is a global leader in digital transformation with 110,000 employees in 73 countries and annual revenue of € 12 billion. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and operates under the brands Atos, Atos|Syntel, and Unify. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index.

The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space

Paladion Appoints Veteran COO from Infosys’ EdgeVerve as its Chief Operating Officer

Paladion, a global cyber security leader, today announced the appointment of Sunil Gupta, a former COO from Infosys’ EdgeVerve as President and Chief Operating officer. In this new role, Sunil is responsible for the business strategies and outcomes in MEA and India, and will direct all business units and delivery.

Paladion’s Chief Executive Officer and Co-Founder, Rajat Mohanty, said, “Security management is transitioning from slow people based processes to a more active posture by leveraging automation and analytics. Paladion has been at the forefront of these developments and delivers leading edge CyberActive services through a proprietary, high performance analytics and orchestration platform. Sunil brings a wealth of experience in building great organizations that deliver platform based services. He has a deep understanding of the dynamics that are playing out in enterprises as IT is transitioning to be more agile, secure and responsive. Sunil will help position Paladion effectively to solve the next gen challenges of security management.”

Over the past 30 years, Sunil has held several leadership roles; VP-Engineering in Aricent (erstwhile Hughes Software Systems), CTO in Symphony Teleca, COO in Logica India, and Edgeverve systems (an Infosys company). His expertise lies in translating strategic vision in to action, building high performance teams and helping businesses innovate and grow.  Sunil has led large change management programs helping organizations achieve agility, client centricity, and people focus which are also the key underpinnings of Paladion’s vision.

On his new office, Sunil Gupta, President and COO, Paladion said, “I am excited to have joined Paladion, a market leader in the cyber security space.   In my new role, my main focus will be to make Paladion a highly proactive, responsive, learning organization with clients and people at the center of the business. My immediate emphasis will be on operational efficiency and to expand Paladion’s footprint into new markets in the pursuit of growth.  We will also create new partnerships and business models to deliver greater value to our clients.  I look forward to a lasting association with Paladion and a reciprocally progressive impact on both”.

Sunil has a B-Tech in Computer Science from NIT Trichy, Madras University. He began his career in NCR working for companies like C-DOT and Hughes Software systems, and later moved to Bangalore and worked for Symphony Teleca, Infosys and EdgeVerve. He currently lives in Bangalore with his family.