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Honeywell
Honeywell Completes Acquisition of Nextnine Ltd.



Aug 7, 2017

Honeywell (NYSE: HON) announced that it has completed its acquisition of Nextnine Ltd., which was announced on June 13, 2017. Nextnine is a privately held, leading provider of industrial cyber security solutions. The business will be integrated into Honeywell's Industrial Cyber Security group and will significantly strengthen Honeywell's capability to offer multi-vendor, multi-site secure remote access, monitoring and support to protect industrial control systems and critical infrastructure against a growing threat of cyber attacks.

"The addition of Nextnine's technologies and talented employees enhances Honeywell's position to deliver enterprise-wide, end-to-end industrial cyber security solutions that reduce cyber security risks, improve reliability, increase productivity and lower cost of operations to our combined customer base," said Jeff Zindel, vice president and general manager of Honeywell's Industrial Cyber Security business unit.

"Nextnine is joining a recognized global leader in industrial cyber security," said Shmulik Aran, CEO of Nextnine. "We will now be able to leverage Honeywell's reach, network and managed security services offerings to grow the impact of our technology and to help more customers in a more holistic way."

The combination of Honeywell and Nextnine capabilities will deliver enhanced value to customers and partners including:

  • Scalable and flexible enterprise-wide deployments with cyber security management for multi-site, multi-vendor industrial control system (ICS) environments
  • Enhanced Managed Security Services (MSS) for Industrial Cyber Security with improved asset inventory management, security compliance and policy management, continuous monitoring and alerting, and integration with Honeywell cyber security products including Risk Manager and Advanced Threat Intelligence Exchange (ATIX)
  • Secure connected and remote access capabilities with improved control and protection of customer data that can be extended to additional assets and used for secure file transfer
  • Full, continued support and services for current Nextnine customers and partners and enhanced technology developments that will benefit all end-users

Honeywell is the leading provider of industrial cyber security solutions that protect the availability, safety and reliability of industrial facilities and help securely deploy IIoT technologies. Businesses all over the world partner with Honeywell to address cyber security holistically and improve their cyber security posture with advanced technology, backed by continuous innovation and investment.

For more information about Honeywell's industrial cyber security solutions, visitwww.becybersecure.com.

Honeywell Process Solutions (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas; refining; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries. It is also a leader in providing software solutions and instrumentation that help manufacturers find value and competitive advantage in digital transformation through the Industrial Internet of Things (IIoT). Process Solutions is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes Honeywell UOP (www.uop.com), a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.

Honeywell (www.honeywell.com) is a Fortune 100 software-industrial company that delivers industry specific solutions that include aerospace and automotive products and services; control technologies for buildings, homes, and industry; and performance materials globally.  Our technologies help everything from aircraft, cars, homes and buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.  For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Media
Stefanie Cuene
+1 4804205186
stefanie.cuene@honeywell.com

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Honeywell
www.honeywell.com


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