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Rockwell Automation announced it had acquired Oylo, a Barcelona-based industrial cybersecurity services provider, on October 2, 2020. Rockwell’s later filing places the acquisition in October 2020. The companies did not disclose the deal terms in the announcement.
When did Rockwell Automation acquire Oylo?
Rockwell announced the acquisition on October 2, 2020, and its later filing identifies October 2020 as the acquisition period. Rockwell’s announcement and 2022 filing support those dates.
What did Oylo do?
Oylo was a privately held company headquartered in Barcelona, Spain, specializing in cybersecurity for industrial control system (ICS) environments and the protection of critical processes. Its work was delivered as services, not as a consumer product or named hardware model.
Services named in the announcement
- Cybersecurity assessments
- Turnkey implementations
- Managed services
- Incident response
Rockwell said Oylo would be reported within its Lifecycle Services operating segment. The announcement did not identify a consumer price or a specific product for buyers to purchase.
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Why did Rockwell say it acquired Oylo?
Rockwell described the acquisition as a way to expand its global delivery capability and complement IT cybersecurity expertise it said it had gained through its recent acquisition of Avnet Data Security. In Rockwell’s framing, Oylo brought industrial operational technology (OT) and ICS capabilities alongside that IT expertise; the announcement stated the strategic rationale, not a measured business outcome.
Frank Kulaszewicz, Rockwell’s senior vice president of Lifecycle Services, said at the time: “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.” This was Rockwell’s stated view in its October 2, 2020 announcement.
Were the acquisition terms disclosed?
No. Rockwell’s acquisition announcement did not disclose the terms, including a purchase price. It also did not report a performance figure for the deal.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What is known about Oylo’s status today?
The announcement and Rockwell’s later filing establish the historical acquisition, but they do not establish Oylo’s current customer-facing brand or how its services are delivered today. Those details should not be inferred from the 2020 announcement.
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