Honeywell announced that it has signed a definitive agreement to purchase Nextnine, a privately held provider of security management technologies for industrial cybersecurity. The addition of Nextnine’s industry-leading security solutions and secure remote service capabilities will enhance the company’s existing range of cybersecurity technologies and significantly increase Honeywell’s Connected Plant cybersecurity customer base.
Nextnine’s flagship technology, ICS Shield, protects industrial sites from cybersecurity attacks and enables remote monitoring of assets. It complements Honeywell’s cybersecurity 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.