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.

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Categories: IT
Companies: ForeScout Technologies / KPN
Countries: Netherlands / World
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