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.
Browse other categories
- Managed security services 466
- GRC and compliance automation 230
- AI and LLM security 217
- Security consulting and vCISO 213
- Fraud and payment fraud prevention 165
- Application security testing 162
- Identity and access management 159
- Encryption and key management 156
- Threat intelligence 148
- Security awareness and human risk 138
Deals
Showing 1 to 5 of 5
| Date | Deal | Amount | Source |
|---|---|---|---|
| October 2023 | Rockwell Automation acquired Verve IndustrialCybersecurity for industrial control systems and operational technology | Undisclosed | Report on Rockwell Automation buying Verve Industrial, October 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| September 2023 | Sapphire acquired AwenReduces cyber risks in operational technology systems for UK organisations | Undisclosed | Report on Sapphire buying Awen, September 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| July 2023 | Honeywell acquired SCADAfenceIsraeli firm providing operational technology and IoT security | Undisclosed | Report on Honeywell buying SCADAfence, July 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| April 2023 | Parsons acquired IPKeys Power PartnersSupplier of digital defence and tech to towns and power companies | $43m | Report on Parsons buying IPKeys Power Partners, April 2023 (opens in a new tab)via SecurityWeek (opens in a new tab) |
| April 2023 | Frequentis acquired FrafosProtection products for internet phone calls | Undisclosed | Report on Frequentis buying Frafos, April 2023 (opens in a new tab)via SecurityWeek (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.