Honeywell to Acquire Cybersecurity Management Provider, Nextnine
HONEYWELL has signed a definitive agreement to purchase Nextnine, a privately held provider of security management solutions and technologies for industrial cybersecurity of control systems.
Nextnine’s ICS Shield, protects industrial sites from cybersecurity attacks and enables remote monitoring of assets. The acquisition enhances Honeywell’s existing range of cybersecurity technologies.
Formerly, ICS Shield had to be deployed separately for each control system vendor, resulting in multiple and separate installations at a single customer site. With this acquisition, customers will be able to deploy and operate a single system thanks to Honeywell’s integration capability.
“Each day, the number of attempted cyberattacks on industrial facilities and critical infrastructure around the world increases,” says Vimal Kapur, president of Honeywell Process Solutions. “This acquisition shows our ongoing commitment to providing our customers with a comprehensive portfolio of cybersecurity solutions to protect and defend their industrial control systems and process control networks. Honeywell’s extensive global reach will increase Nextnine’s availability to a broader range of customers.” ♦