Rockwell Automation Acquires Industrial Cybersecurity Firm Oylo

05 October 2020

Rockwell Automation Acquires Industrial Cybersecurity Firm Oylo

Industrial automation giant Rockwell Automation on Friday announced the acquisition of Oylo, a cybersecurity company based in Spain. Financial terms of the deal were not disclosed.

Founded in 2017, Oylo has been offering solutions for industrial control systems (ICS) and IoT security, business continuity and resilience, and critical infrastructure and critical business process protection. The services provided by the firm include assessments, incident response and managed services.

Oylo will become part of Rockwell’s Lifecycle Services operating segment, but the company’s CEO and founder, Eduardo Di Monte, says he looks forward to continuing to serve customers and partners.

“As connected smart devices are introduced into the plant floor, having a comprehensive cyber security strategy that spans across industrial operational technology (OT) and information technology (IT) is more critical now than ever before. We are dedicated to the success of our customers in their Connected Enterprise journey, and the deep domain expertise that Oylo brings to Rockwell Automation will further accelerate our ability to provide this expertise globally,” said Frank Kulaszewicz, senior vice president of Lifecycle Services at Rockwell.

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Earlier this year, Rockwell announced the acquisition of Avnet Data Security, an Israel-based cybersecurity company specializing in solutions for both IT and OT. Rockwell said the deal would help it expand its cybersecurity expertise.

Rockwell now says Oylo’s OT security expertise will complement the IT security expertise obtained through the acquisition of Avnet.

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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