ForeScout Acquires Industrial Cybersecurity Firm SecurityMatters

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4Q 2018 | IN-5311


US$113 Million Deal


ForeScout Technologies, a U.S.-based firm focusing on cybersecurity since 2000, has been making a successful pivot to the Internet of Things (IoT) security space in the last few years. The firm just announced the acquisition of SecurityMatters for US$113 million. SecurityMatters is a European-based outfit that specializes in industrial cyber-resilience. Its flagship product, SilentDefense, provides security for Operational Technology (OT) networks, primarily in critical infrastructure industries such as electric power, oil and gas, water, chemicals, pharmaceutical, manufacturing, and infrastructure.

Expanding from IoT to Include Industrial


SecurityMatters is a veteran in the industrial cybersecurity space. The firm has been operating for almost a decade an...

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