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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Honeywell International Inc | NASDAQ:HON | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.11 | -0.54% | 203.51 | 203.00 | 203.50 | 205.24 | 203.14 | 205.22 | 1,735,659 | 21:15:01 |
From May 2023 to May 2024
By Colin Kellaher
Honeywell International on Monday said it agreed to buy SCADAfence, an Israel-based provider of operational-technology and Internet-of-Things cybersecurity solutions for monitoring large-scale networks in a deal that bolsters the conglomerate's cybersecurity portfolio.
Honeywell, noting that the operational-technology cybersecurity industry is expected to grow to more than $10 billion over the next several years, said it plans to integrate SCADAfence into its Honeywell Forge Cybersecurity+ suite, providing expanded asset discovery, threat detection, and compliance management capabilities.
Charlotte, N.C.-based Honeywell didn't disclose terms of the deal, which it expects to complete later this year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 10, 2023 07:42 ET (11:42 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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