0
IT

ForeScout acquires Dutch OT security specialist SecurityMatters

Friday 9 November 2018 | 11:15 CET | News

ForeScout Technologies announced it has acquired SecurityMatters, a Netherlands-based provider of operational technology (OT) network protection, for USD 113 million in cash. The acquisition will bolster ForeScout’s position in agentless device visibility and control across the enterprise, with expanded capabilities and advanced features to secure OT and industrial environments.

Founded in 2009, SecurityMatters provides organizations with device visibility, continuous network monitoring, and threat and anomaly detection specific to operational technology and industrial environments using passive collection techniques that don’t impact operations. Its product protects networks from the widest range of threats utilizing patented technology and with a library of over 1600 ICS-specific threat indicators, ForeScout said.

Previous investors in Eindhoven-based SecurityMatters included KPN Ventures, which said it's selling its entire stake to ForeScout. KPN invested in 2016 in the company, along with Robert Bosch Venture Capital, Phoenix Contact Innovation Ventures and Emerald Technology Ventures.



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: ForeScout Technologies / KPN
Countries: Netherlands / World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

KPN Ventures verkoopt minderheidsbelang in SecurityMatters aan ForeScout

Published 09 Nov 2018 10:58 CET | Netherlands
KPN Ventures heeft zijn minderheidsbelang in zijn portefeuillebedrijf SecurityMatters verkocht aan ForeScout Technologies. De ...

KPN, SecurityMatters win funding for building automation security system

Published 20 Feb 2018 09:21 CET | Netherlands
KPN and SecurityMatters have received a state subsidy to develop a working prototype of an automated building security system. ...

KPN, SecurityMatters tackle cyber protection for buildings

Published 20 Jun 2017 15:22 CET | Netherlands
KPN and SecurityMatters have won a tender from the Dutch Enterprise Agency to work on developing a new type of building ...

KPN invests in SecurityMatters for industry cybersecurity

Published 21 Sep 2016 10:23 CET | Netherlands
KPN Ventures announced an investment in the Eindhoven company SecurityMatters, a provider of advanced cybersecurity products for ...





Calendar   /   Industry Events

29 Oct ITU Plenipotentiary Conference
12 Nov Gilat Satellite Networks Q3 2018
12 Nov Play Q3 2018
12 Nov Otello Q3 2018
12 Nov YY Q3 2018
12 Nov Aviat Networks fiscal Q1
12 Nov DC5G
13 Nov Telkom fiscal H1
13 Nov Vodafone Group fiscal Q2
13 Nov 1&1 Drillisch Q3 2018
13 Nov Asus Q3 2018
13 Nov United Internet Q3 2018
13 Nov Iliad Q3 2018
13 Nov Evolving Systems Q3 2018
13 Nov Extreme Networks financial conference
13 Nov AfricaCom
14 Nov Digi Communications Q3 2018
14 Nov Multimedia Polska Q3 2018
14 Nov TDC Q3 2018
14 Nov Blonder Tongue Q3 2018
14 Nov Cisco fiscal Q1
14 Nov ProSiebenSat.1 Capital markets day
14 Nov HbbTV Symposium
15 Nov Vivendi Q3 2018
15 Nov Bouygues Telecom Q3 2018
15 Nov Nvidia fiscal Q3
16 Nov Cognizant investor day
::: More Calendar Items