Axonius has acquired Cynerio for over $100 million to enhance medical device security within healthcare environments.

Information on the Target

Axonius, a leading global provider of cyber asset intelligence, has successfully acquired Cynerio, an innovator specializing in medical device security, for over $100 million in a cash and stock agreement. This acquisition aims to address critical cybersecurity challenges faced by healthcare providers due to the increasing connectivity of medical devices.

With these devices playing an essential role in patient care, they have often remained undetected by traditional security tools, which has led to heightened risks for both patient safety and hospital operations. The integration of Cynerio's expertise will enhance Axonius's capability to secure these vital assets.

Industry Overview in the Target's Specific Country

The healthcare cybersecurity landscape has been evolving rapidly, particularly in the United States, where the need for robust security solutions is paramount. As healthcare providers increasingly integrate connected medi