Honeywell acquires cybersecurity software provider Nextnine

Monday June 26, 2017
Written by MA Staff
Jun. 26, 2017 - Honeywell has signed a definitive agreement to purchase Nextnine, a privately held provider of security management solutions and technologies for industrial cybersecurity.

The addition of Nextnine’s security solutions and secure remote service capabilities will enhance Honeywell’s existing range of cybersecurity technologies and increase its Connected Plant cybersecurity customer base, it says.

Nextnine’s flagship technology, ICS Shield, helps protect industrial sites from cybersecurity attacks and enables remote monitoring of assets. Previously, 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, thereby simplifying and better securing their entire site with Honeywell’s capability to provide multi-vendor solutions, the parties say.

“Each day, the number of attempted cyber attacks on industrial facilities and critical infrastructure around the world increases,” said Vimal Kapur, president of Honeywell Process Solutions. “This acquisition shows our ongoing commitment to providing our customers with a comprehensive portfolio of cyber security 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.”

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