Honeywell Closes Nextnine Deal

Wednesday, August 2, 2017 @ 11:08 AM gHale

Honeywell completed its acquisition of Nextnine Ltd., which the companies inked June 13.

Nextnine is a privately held, provider of industrial cyber security solutions. The business will end up integrated into Honeywell’s Industrial Cyber Security group and will add to Honeywell’s existing portfolio of multi-site secure remote access, monitoring and support to protect industrial control systems and critical infrastructure.

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“The addition of Nextnine’s technologies and talented employees enhances Honeywell’s position to deliver enterprise-wide, end-to-end industrial cyber security solutions that reduce cyber security 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 recognized global leader in industrial cyber security,” said Shmulik Aran, chief executive 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 deal allows the companies to offer:
• Scalable and flexible enterprise-wide deployments with cybersecurity management for multi-site, multi-vendor industrial control system (ICS) environments
• Enhanced Managed Security Services (MSS) for industrial cybersecurity with asset inventory management, security compliance and policy management, continuous monitoring and alerting, and integration with Honeywell cyber security 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 end up extended to additional assets and used for secure file transfer

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