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Rockwell Automation announced its acquisition of Oylo, a Barcelona-based industrial cybersecurity services provider, on October 2, 2020. The announcement did not disclose the deal terms. Rockwell said Oylo would be reported in its Lifecycle Services operating segment.
When did Rockwell Automation acquire Oylo?
Rockwell announced the acquisition on October 2, 2020. A later Rockwell filing identifies the acquisition period as October 2020, corroborating that this was a 2020 transaction—not a new acquisition in a later year.
Rockwell’s October 2, 2020 announcement and its 2022 annual filing establish the dates.
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What did Oylo do?
Oylo was a privately held company headquartered in Barcelona, Spain, specializing in cybersecurity for industrial control systems (ICS) and the protection of critical processes. Its offering consisted of business services, not a consumer product or hardware model.
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Oylo’s announced services
- Assessments
- Turnkey implementations
- Managed services
- Incident response
Rockwell said Oylo would be included in its Lifecycle Services operating segment for reporting purposes.
Why did Rockwell acquire Oylo?
Rockwell described Oylo’s industrial operational technology (OT) and ICS cybersecurity capabilities as complementary to IT cybersecurity expertise it said it had gained through its recent acquisition of Avnet Data Security. Rockwell presented the deal as a way to expand its global delivery capability; that is the company’s stated rationale, not an independently measured outcome.
In the acquisition announcement, Frank Kulaszewicz, then senior vice president of Lifecycle Services at Rockwell Automation, said: “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 view at the time.
Were the acquisition terms disclosed?
No. Rockwell’s announcement did not disclose the terms, including a purchase price. It also did not report an acquisition performance figure.
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 later filing document the historical acquisition, but they do not establish whether Oylo continues to operate under its own customer-facing brand or how its services are delivered today. The acquisition news alone is not evidence of current branding or service availability.
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