Tag: acquisitions

IT meets OT as Belden buys TripWire for $710m

In a move that heralded the growing convergence of information security and IT operations, Belden, a maker of industrial networking equipment, said it is acquiring Tripwire, an IT security services firm for $710 in cash. The announcement, on Tuesday, underscores the degree to which traditional IT security focused on securing enterprise networks is becoming part and parcel of the services that industrial firms wish to offer to their customers in heavy industries and critical infrastructure. [Read more Security Ledger reporting on Internet of Things and IT-OT convergence.] In a published statement, Belden said that, together, the companies will “work to deliver the next generation of cybersecurity solutions that can be deployed across enterprise, industrial, and broadcast markets.” John Stroup, President and CEO of Belden, said TripWire will extend his company’s capabilities. The two companies had previously worked together to improve critical infrastructure cybersecurity in manufacturing organizations, tailoring cyber security solutions for specific customer […]

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GE Opens Purse To Boost IoT Security

One of the big questions looming over Internet of Things with regard to cyber security is how well legacy security products will adjust to the IoT context. I think its safe to say that many of the tools and technologies that populate traditional IT environments (think: antivirus) aren’t well suited to use with Internet of Things devices which are often power and resource-constrained. IoT is a “ten-years-from-now” problem for enterprises. But for manufacturers like GE, it’s a “today” problem. That’s why GE is already investing in technology that it thinks is well suited to securing IoT and industrial environments. Last week, the company announced one such deal: acquiring the firm WurldTech of Vancouver Canada. The deal, announced on May 9th, will add Wurldtech’s technology and professional services to GE’s portfolio, with GE saying that Wurldtech products and services will “help to enhance the reliability of Industrial Internet operations.” Wurldtech makes security […]

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