GE Beefs Up OT Portfolio with Wurldtech Acquisition
Last month GE announced that it will acquire Wurldtech, a pioneer among cybersecurity vendors, in an apparent move to beef up its operations technology portfolio.
GE also purchased Smart Signal Condition Monitoring and segued into process with the acqusition of Proficy.
"The world of OT security needs to be foundationally different from traditional IT detection systems. Securing connected machines has a unique set of complexities that are very different from protecting a datacenter," said Bill Ruh, vice president at GE Software.
Oil refineries and power transmission grids among other companies use solutions and services provided by the Vancouver, British Columbia-based Wurldtech.
"At GE, we are focused on software platform security, protecting critical infrastructure and helping to ensure the reliability of Industrial Internet operations for our customers and industries. The acquisition of Wurldtech is a perfect fit for addressing all of these big challenges," Ruh said.
The acquisition will help to enhance the reliability of Industrial Internet operations, according to company officials. "The company looks forward to accelerating key programs as we advance cyber security for system operators and device manufacturers across the industry," said CEO Neil McDonnell.
Wurldtech aims to assess, protect and certify; cybersecurity focuses on protecting the operations technology that connects individuals, data and machines by maximizing system uptime and mitigating exposure to theft.