Press & Media Honeywell to Acquire SCADAfence, Strengthening its Cybersecurity Software Portfolio
Summary
- Honeywell (Nasdaq: HON) today announced it has agreed to acquire SCADAfence, a leading provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection and security governance which are key to industrial and buildings management cybersecurity programs. Adding SCADAfences product portfolio will strengthen our capabilities and help our customers defend themselves against cyber security risks which are progressively increasing, said , president and chief executive officer, Honeywell Connected Enterprise. By enhancing our cybersecurity portfolio, we are accessing a growth engine and enabling our customers to operate their OT environments more securely and help to avoid disruption and possible catastrophic events. They are based on managements assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors.
