ForeScout Acquires Industrial Cybersecurity Firm SecurityMatters

4Q 2018 | IN-5311
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.

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