Honeywell Process Solutions Acquires Nextnine
- Published: June 20, 2017
MORRIS PLAINS, NJ | Honeywell Process Solutions, a supplier of automation control, instrumentation, and services for the oil and gas; refining; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries, has signed a definitive agreement to purchase Nextnine, a privately held provider of security management solutions and technologies for industrial cyber security.
Honeywell says the addition of Nextnine’s security solutions and secure remote service capabilities will enhance its existing range of innovative cyber security technologies and significantly increase its Connected Plant cyber security customer base.
Nextnine’s flagship technology, ICS Shield, reportedly protects industrial sites from cyber security attacks and enables remote monitoring of assets. It complements Honeywell’s extensive 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. 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 proven capability to provide multi-vendor solutions.
“Each day, the number of attempted cyber attacks 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 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.”
Nextnine’s security solutions also will be a key enabler of Honeywell Connected Plant, which companies says combines Honeywell’s industrial expertise, software and digital technologies to make its customers’ operations more reliable, profitable, and secure. Cyber security is a critical part of that program
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