OPSWAT, the global leader in Critical Infrastructure Protection (CIP), announced that it has acquired all assets of Bayshore Networks, the leading provider of active industrial cybersecurity protection solutions specifically designed for Operational Technology (OT) and Industrial Control Systems (ICS) environments, automation engineers, and plant operators. As part of the acquisition, OPSWAT will incorporate Bayshore Networks products and teams, extending OPSWAT’s CIP capabilities to OT/ICS environments.
OPSWAT, the world leader in Critical Infrastructure Protection (CIP) declared that it has acquired Bayshore Networks, the leading provider of active industrial cybersecurity protection solutions designed especially for Operational Technology (OT) and Industrial Control Systems (ICS) environments, plant operators and automation engineers,. OPSWAT will integrate Bayshore Networks’ products and employees as part of the acquisition, boosting OPSWAT’s CIP capabilities to OT/ICS environments.
From the Colonial Pipeline attack to the Florida water supply hack, there has been a substantial increase in the number of cybersecurity and ransomware attacks in the industrial infrastructure. This has prompted a higher level of security concern, as these types of attacks may have disastrous consequences. This asset acquisition will enhance OPSWAT’s mission to provide best-in-class cybersecurity solutions to protect critical infrastructure by adding kay features in unidirectional/bidirectional secure data transmission in critical networks, intrusion prevention for industrial systems, and secure remote access for OT assets.
“This acquisition furthers our commitment to provide organizations worldwide with the most comprehensive critical infrastructure protection solutions available today. Over the last few months, we have hit several corporate and product milestones, including raising a $125 million round of financing, expanding our channel program to over 80 countries, and introducing our breakthrough cybersecurity kiosk for critical infrastructure protection. Today’s acquisition extends our CIP mission to operational technology and will drive continued growth and momentum at OPSWAT,” said Benny Czarny, OPSWAT founder and CEO.
“We are excited to bring two industry leaders together,” stated Kevin Senator, former CEO of Bayshore Networks and current OPSWAT Consultant. “Over the last decade, Bayshore Networks has provided state-of-the-art cybersecurity solutions for OT/ICS environments. Extending OPSWAT’s powerful platform to OT is a natural next step for both companies. Not only will we meet very specific cybersecurity demands in the industry, but the synergy between our companies will be truly extraordinary. I have no doubt that our employees and our technology will thrive at OPSWAT.”