Rockwell Automation to acquire cybersecurity firm Avnet Data Security

Rockwell Automation has entered an agreement to acquire Israel-based cybersecurity solutions provider Avnet Data Security to expand its cybersecurity expertise. Financial terms were not disclosed, and the acquisition is expected to close in early 2020.

“Rockwell Automation says it has decided to acquire Avnet because its extensive knowledge and experience will support its objective to 'achieve double digit growth in Information Solutions and Connected Services by expanding our IT/OT cyber and network expertise globally.'”securityweek.com

• 2 sources
• securityweek.comRockwell Automation to Acquire Cybersecurity Firm Avnet - SecurityWeekEduard KovacsJan 9, 2020
• abiresearch.comRockwell Adds ASEM and Kalypso to Its PortfolioABI ResearchApr 13, 2020

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