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Rockwell Automation Acquires Cybersecurity Company

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Press Release
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Rockwell Automation Acquires Cybersecurity Company

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Rockwell Automation, Inc. (NYSE: ROK), a global leader in industrial automation and digital transformation today announced that it has acquired Oylo, a privately-held industrial cybersecurity services provider based in Barcelona, Spain. Oylo is dedicated to providing a broad range of industrial control system (ICS) cybersecurity services and solutions including assessments, turnkey implementations, managed services and incident response.

“As connected smart devices are introduced into the plant floor, having a comprehensive cyber security strategy that spans across industrial operational technology (OT) and information technology (IT) is more critical now than ever before. We are dedicated to the success of our customers in their Connected Enterprise journey, and the deep domain expertise that Oylo brings to Rockwell Automation will further accelerate our ability to provide this expertise globally,” said Frank Kulaszewicz, senior vice president, Lifecycle Services at Rockwell Automation.

The acquisition of Oylo demonstrates Rockwell Automation’s commitment to providing best-in-class cybersecurity services and solutions. Oylo’s OT cybersecurity expertise complements the IT cybersecurity expertise gained through the recent acquisition of Avnet Data Security. The addition of Oylo further accelerates our global delivery capability in this rapidly developing market and expands the offering of cybersecurity services available to the industrial market.

“We look forward to continuing to serve our loyal customers and partners while expanding our services to organizations around the globe,” said Eduardo Di Monte, founder and CEO of Oylo.

Oylo will be reported as part of the Lifecycle Services operating segment.

Terms of the deal were not disclosed.

About Oylo

Oylo is an OT cybersecurity service company completely focused on protecting critical processes and automated Industrial Control Systems (ICS). Oylo was founded in 2017 and is based in Barcelona, Spain. For more information, visit www.trustoylo.com.

Published October 2, 2020


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