Cisco to Enhance Industrial Security Offerings with Sentryo Acquisition

Subscribe To Read This Insight

By Michela Menting | 3Q 2019 | IN-5535


A Startup Acquisition


In June 2019, Cisco announced plans to acquire French industrial security startup Sentryo for an undisclosed amount. The U.S. networking giant is clearly committed to expanding into the relatively undersold critical market of industrial cybersecurity. Sentryo is only four years old, but it has some highly effective solutions for operational technology systems and its platform is supported by a number of prominent industrial Original Equipment Manufacturers (OEMs), including Siemens, Schneider Electric, ABB, Honeywell, Emerson, Mitsubishi Electric, and Rockwell Automation, among others. Sentryo also recently raised EUR10 million in Series A from mostly French investors, but requires much more to tackle the industrial space, which can be overwhelming due to the large number of different Operational Technology (OT) systems currently used. As such, the acquisition is a boon for Sentryo, and its current success in the market positions it as a valuable asset to a company like Cisco7, the...

You must be a subscriber to view this ABI Insight.
To find out more about subscribing contact a representative about purchasing options.