What You Should Know:
– Axonius, a global leader in cyber asset intelligence announced that it has acquired Cynerio, a pioneer in medical device security, for more than $100M in a cash and stock transaction.
– The acquisition directly addresses a critical challenge for healthcare providers, where the proliferation of connected medical devices has created a vast and unprotected attack surface. These specialized assets, essential to patient care, have historically been invisible to traditional security tools, creating significant risk to both patient safety and hospital operations.
Bridging the Digital Security Blind Spot in Healthcare
The acquisition was driven by a shared understanding that securing medical devices in a silo is no longer sufficient. Both companies recognized a growing customer demand for a single, unified platform to manage and secure the entire clinical environment—from traditional IT infrastructure to connected medical devices. By combining Axonius’ asset intelligence platform with Cynerio’s deep medical device expertise, the company is positioned to meet the immediate needs of hospitals while setting the foundation for broader Cyber-Physical Systems (CPS) security.
Leadership and Future Expansion
As part of the acquisition, Cynerio co-founder and CEO, Leon Lerman, will join Axonius as senior vice president. Co-founder Daniel Brodie will join the Office of the CTO. The Cynerio team joins Axonius to accelerate the company’s expansion into the healthcare market. Additional terms of the transaction were not disclosed.
