Honeywell completes acquisition of Nextnine

Honeywell Process Solutions Ltd

By Process Online Staff
Friday, 04 August, 2017

Nextnine acquisition 300dpi

Honeywell has completed its acquisition of Nextnine, which was announced on 13 June 2017.

Nextnine is a privately held provider of industrial cybersecurity solutions. The business will be integrated into Honeywell’s Industrial Cyber Security group and will significantly strengthen Honeywell’s capability to offer multivendor, multisite secure remote access, monitoring and support to protect industrial control systems and critical infrastructure against the growing threat of cyber attacks.

“The addition of Nextnine’s technologies and talented employees enhances Honeywell’s position to deliver enterprise-wide, end-to-end industrial cybersecurity solutions that reduce cybersecurity risks, improve reliability, increase productivity and lower cost of operations to our combined customer base,” said Jeff Zindel, vice president and general manager of Honeywell’s Industrial Cyber Security business unit.

“Nextnine is joining a recognised global leader in industrial cybersecurity,” said Shmulik Aran, CEO of Nextnine. “We will now be able to leverage Honeywell’s reach, network and managed security services offerings to grow the impact of our technology and to help more customers in a more holistic way.”

The combination of Honeywell and Nextnine capabilities will deliver enhanced value to customers and partners, including:

  • scalable and flexible enterprise-wide deployments with cybersecurity management for multisite, multivendor industrial control system (ICS) environments;
  • enhanced managed security services (MSS) for industrial cybersecurity with improved asset inventory management, security compliance and policy management, continuous monitoring and alerting, and integration with Honeywell cybersecurity products including Risk Manager and Advanced Threat Intelligence Exchange (ATIX);
  • secure connected and remote access capabilities with improved control and protection of customer data that can be extended to additional assets and used for secure file transfer;
  • full, continued support and services for current Nextnine customers and partners and enhanced technology developments that will benefit all end users.
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