Honeywell has signed a definitive agreement to purchase Nextnine, a privately held provider of top-down OT security management solutions for complex multi-vendor ICS environments, founded in 1998.
Nextnine’s flagship technology, ICS Shield, complements Honeywell’s cyber security portfolio with a solution that is used at more than 6,200 sites globally across the oil and gas, utility, chemical, mining and manufacturing sectors, according to a statement from the company. 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, says Honeywell.
Nextnine has been backed to date by Infinity VC, and XT Hi-Tech.
[Image courtesy: Nextnine]