Tag: operations

Belden announced that it will buy IT security services firm TripWire for $710 million.

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 […]