cybersecdirectory

OT and ICS security acquisitions and funding

35 acquisitions of OT security vendors since 2020 and 51 funding rounds since 2022 on record. The most active buyers are Accenture (2), OPSWAT (2) and Rockwell Automation (2). See the OT security vendors in the directory.

35acquisitions
$2.9bnpaid in the 5 acquisitions with a disclosed price
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Deals

Showing 1 to 35 of 35

DateDealAmountSource
September 2026Aiuken Cybersecurity acquired 4ElitechSpanish specialist in industrial and critical infrastructure cybersecurityUndisclosedReport on Aiuken Cybersecurity buying 4Elitech, September 2026 (opens in a new tab)via SecurityWeek (opens in a new tab)
August 2026Systematic Growth acquired 4SecureDevelops software for secure information exchange in classified environmentsUndisclosedReport on Systematic Growth buying 4Secure, August 2026 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2026Nexus IT acquired TecServ IncIndustrial technology services firm serving operational technology environmentsUndisclosedReport on Nexus IT buying TecServ Inc, June 2026 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2026Accenture acquired DragosDragos provides cybersecurity for industrial control systems and operational technology environments.UndisclosedReport on Accenture buying Dragos, June 2026 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2026Everfield acquired Landis+GyrBuilds systems that spot break-ins and odd behaviour on industrial networksUndisclosedReport on Everfield buying Landis+Gyr, April 2026 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2026ABS acquired RMC GlobalProvides industrial cybersecurity, risk management and resiliency solutionsUndisclosedReport on ABS buying RMC Global, April 2026 (opens in a new tab)via SecurityWeek (opens in a new tab)
September 2025Seclab acquired SeckiotUndisclosedReport on Seclab buying Seckiot, September 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
September 2025Mitsubishi Electric acquired Nozomi NetworksNozomi Networks provides OT and IoT security solutions for critical infrastructure, offering asset visibility and threat detection.$883mReport on Mitsubishi Electric buying Nozomi Networks, September 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2025RMC Global acquired Shearer and AssociatesEngineering and cybersecurity firm for defence and critical infrastructure projectsUndisclosedReport on RMC Global buying Shearer and Associates, March 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2025Integrity360 acquired HoliseumFrench firm providing OT and IoT security servicesUndisclosedReport on Integrity360 buying Holiseum, March 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2025Armis acquired OtorioOperational technology and cyber-physical systems security solutionsUndisclosedReport on Armis buying Otorio, March 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
December 2024OPSWAT acquired FendSecures operational technology against cyber threats using data diodes and unidirectional gatewaysUndisclosedReport on OPSWAT buying Fend, December 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2024ServiceNow acquired Mission SecureGives industrial sites trust-free protection built for operational technologyUndisclosedReport on ServiceNow buying Mission Secure, November 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2024Belden and Hirschmann Automation and Control acquired VoleatechGerman firm making OT cybersecurity solutions, particularly firewalls$6mReport on Belden and Hirschmann Automation and Control buying Voleatech, November 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2024Sword Group acquired IACS ConsultingCyber security consultancy for industrial automation and operational technology environmentsUndisclosedReport on Sword Group buying IACS Consulting, July 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2024Marlink acquired DivertoKeeps business and industrial systems safe from digital attacksUndisclosedReport on Marlink buying Diverto, July 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2024Accenture acquired True North SolutionsIndustrial engineering solutions for operational technology in energy and miningUndisclosedReport on Accenture buying True North Solutions, July 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2024RMC acquired SecuriconFirm guarding both business systems and industrial control networksUndisclosedReport on RMC buying Securicon, April 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
October 2023Rockwell Automation acquired Verve IndustrialCybersecurity for industrial control systems and operational technologyUndisclosedReport on Rockwell Automation buying Verve Industrial, October 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
September 2023Sapphire acquired AwenReduces cyber risks in operational technology systems for UK organisationsUndisclosedReport on Sapphire buying Awen, September 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2023Honeywell acquired SCADAfenceIsraeli firm providing operational technology and IoT securityUndisclosedReport on Honeywell buying SCADAfence, July 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2023Parsons acquired IPKeys Power PartnersSupplier of digital defence and tech to towns and power companies$43mReport on Parsons buying IPKeys Power Partners, April 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2023Frequentis acquired FrafosProtection products for internet phone callsUndisclosedReport on Frequentis buying Frafos, April 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
August 2022GrayMatter acquired HTSEProvides process automation and machine control for industrial firmsUndisclosedReport on GrayMatter buying HTSE, August 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2022Sabanci Group acquired RadiflowRadiflow provides cyber security and risk management solutions for operational technology and industrial networks.$45mReport on Sabanci Group buying Radiflow, April 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2022Red Lion Controls acquired MB connect lineSafe distant entry, linked factory devices and plant protection offerings for manufacturingUndisclosedReport on Red Lion Controls buying MB connect line, April 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2022Inframark acquired BLTIProvides industrial automation solutions for water and wastewater facilitiesUndisclosedReport on Inframark buying BLTI, April 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2021DNV acquired Applied RiskIndustrial cybersecurity companyUndisclosedReport on DNV buying Applied Risk, November 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
October 2021Tetra Tech acquired Enterprise AutomationAdvises on and builds factory control and automation systemsUndisclosedReport on Tetra Tech buying Enterprise Automation, October 2021 (opens in a new tab)
August 2021Deloitte acquired Applied Engineering SolutionsThe arm of Applied Engineering Solutions dealing with factory cyber protectionUndisclosedReport on Deloitte buying Applied Engineering Solutions, August 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2021OPSWAT acquired Bayshore NetworksProvides industrial cybersecurity products for operational technology environmentsUndisclosedReport on OPSWAT buying Bayshore Networks, July 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
February 2021Landis+Gyr acquired RheboThe firm works on keeping factories safe and their machinery runningUndisclosedReport on Landis+Gyr buying Rhebo, February 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2020Hexagon AB acquired PAS Global LLCProvides cybersecurity for industrial process and power operationsUndisclosedReport on Hexagon AB buying PAS Global LLC, November 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
October 2020Rockwell Automation acquired OyloProvides industrial control system cybersecurity services and solutionsUndisclosedReport on Rockwell Automation buying Oylo, October 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
February 2020Advent International and Crosspoint Capital Partners acquired Forescout TechnologiesForescout provides a platform for managing cyber risk and mitigating threats across IT, OT, IoT, and IoMT devices.$1.9bnReport on Advent International and Crosspoint Capital Partners buying Forescout Technologies, February 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)

Acquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. Funding rounds from 2022 onwards come from Return on Security's weekly Security, Funded newsletter. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Each Report link goes to the announcement or story the source cites, and the via link to the round-up or newsletter issue. Amounts are in US dollars. The category is what the bought or funded company sells.