Honeywell Acquires Industrial Cybersecurity Software Provider
Honeywell signed a definitive agreement to purchase Nextnine, a privately held provider of security management solutions and technologies for industrial cybersecurity.
Nextnine’s ICS Shield is designed to protect industrial sites from cybersecurity attacks and enable remote monitoring of assets. It complements Honeywell’s product line and is used at more than 6,200 sites across the oil and gas, utility, chemical, mining and manufacturing sectors.
According to Honeywell, the acquisition will allow customers to deploy and operate a single system to secure their site. The company expects the addition of Nextnine’s security solutions and secure remote service capabilities to enhance its range of cybersecurity technologies and increase its Connected Plant cybersecurity customer base.