Microsemi Corporation (Nasdaq: MSCC), a provider of semiconductor solutions, made an investment in Veracity Security Intelligence, an Aliso Viejo, CA-based provider of an enterprise class security platform for operational technology (OT) networks.
The amount of the deal was not disclosed.
The investment will allow Veracity to fund its product development efforts and Microsemi to deliver innovative security solutions to its strategic customers. Using Veracity’s software on Microsemi’s switch platform, customers can add security applications and policies to existing networks centrally, without making changes to the network topology or incurring network downtime. Target applications for the collaborative security solutions include industrial automation, process control and smart grid/smart energy.
Led by Paul Myer, CEO, Veracity a security platform that provides complete network visibility and control with applications that deliver programmable security zones and a proactive policy engine based upon pre-defined risk categories and prioritized remediation.
FinSMEs
23/06/2016