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Rockwell Automation To Buy Israeli-based Avnet Data Security

January 08, 2020 — 07:11 am EST

Written by RTTNews.com for RTTNews ->

(RTTNews) - Rockwell Automation Inc. (ROK) said that it agreed to acquire privately held Avnet Data Security LTD, an Israeli-based cybersecurity provider with over 20 years of experience providing cybersecurity services.

Avnet offers a full set of IT/OT cyber services and solutions ranging from assessments, penetration testing, network & security solutions, and training to converged IT/OT managed service.

The company expects to close the transaction in early 2020, and said it does not expect to have a material impact on its 2020 financial results.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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