Honeywell announced it has agreed to acquire SCADAfence, a provider of operational technology and Internet of Things 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. SCADAfence is headquartered in Tel Aviv, Israel and will expand Honeywell’s Cybersecurity Center of Excellence in Tel Aviv. The transaction is expected to close in the second half of 2023, subject to customary closing conditions, including receipt of certain regulatory approvals.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on HON:
- Honeywell to Acquire SCADAfence, Strengthening its Cybersecurity Software Portfolio
- Honeywell exits Savannah River Nuclear Solutions joint venture
- Honeywell to acquire heads-up-display assets of Saab Technology
- Honeywell to acquire Saab’s heads-up-display assets
- Medtronic appoints Lewis as new director