- • SCADAfence will integrate into the Honeywell Forge Cybersecurity+ suite providing expanded asset discovery, threat detection, and compliance management capabilities.
- SCADAfence extends Honeywell’s OT cybersecurity portfolio to build upon its comprehensive professional services, managed security services, and software solutions.
With the announcement of this major cybersecurity acquisition, Honeywell communications offered me the opportunity to talk with Michael Ruiz, the new VP/GM Cyber Innovation.
He joined in January, tasked with moving cybersecurity from services to a comprehensive product/services offering to offer more complete solutions for customers. Honeywell has had a strong but not necessarily cohesive solution across the various parts of the company—industrial, building, and aerospace. Evaluating companies across the cyber ecosystem and evaluating make vs. buy, the team saw the opportunity to acquire SCADAfence and it looked like a great fit.
I’m sure that history had much to do with the divisional structure within the conglomerate. The development of Honeywell Connect as a concentrated software arm of the company only a few years ago has enabled this sort of cross-industry thinking. Every domain has cyber issues. Gathering these together under one portfolio should provide a comprehensive and collaborative product/service portfolio.
Honeywell announced July 10 it has agreed to acquire SCADAfence, a leading provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection and security governance which are key to industrial and buildings management cybersecurity programs.
The SCADAfence product portfolio will integrate into the Honeywell Forge Cybersecurity+ suite within Honeywell Connected Enterprise, Honeywell’s fast-growing software arm with strategic focus on digitalization, sustainability and OT cybersecurity SaaS offerings and solutions. This integration will enable Honeywell to provide an end-to-end enterprise OT cybersecurity solution to site managers, operations management and CISOs seeking enterprise security management and situational awareness. The acquisition strengthens existing capabilities in cybersecurity and bolsters Honeywell’s high-growth OT cybersecurity portfolio, helping customers operate more securely, reliably and efficiently.
SCADAfence is headquartered in Tel Aviv, Israel and will expand Honeywell’s Cybersecurity Center of Excellence in Tel Aviv. Honeywell has been implementing OT cybersecurity solutions for more than twenty years, delivering thousands of projects in over 130 countries with more than 500 employees worldwide focused specifically on OT cybersecurity.
The transaction is now complete.
