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Fortinet Leads the Evolution of Converged Networking and Security with New FortiOS Innovations

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2 years ago

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SUNNYVALE, Calif., April 04, 2022 (GLOBE NEWSWIRE) —

John Maddison, EVP of Products and CMO at Fortinet
“Fortinet continues to push the boundaries of what is possible in converging networking and security to enable customers and partners to safely and effectively compete in today’s digital marketplace. Networking and security can no longer be treated as separate strategies. The present and foreseeable future consists of hybrid networks, and only with security at their core will those networks be able to adapt at speed and scale to secure every edge. Over 20 years of prioritizing organic research and development have positioned Fortinet as the driving force behind cybersecurity innovation. And now, with the release of FortiOS 7.2, Fortinet is setting new industry standards for converged networking and security.”

News Summary
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced the release of FortiOS 7.2, the latest upgrades to its flagship operating system and the foundation of the Fortinet Security Fabric. Over 300 new features enhance Fortinet’s ability to converge security at every network edge combined with the performance and scale needed to detect and prevent threats across an organization’s entire infrastructure.

Hybrid Networks and Accelerating Business Demands
Growing and scaling digital business while protecting a distributed infrastructure has never been more critical or complex. Networks today are hybrid by design – spread across on-premises, multiple edges, and the cloud – and they will continue to be the enabler for digital acceleration. According to Brandon Butler, Research Manager, Enterprise Networks at IDC, “The network is foundational for enabling the secure, scalable, and efficient use of cloud, edge, and IoT applications. Hybrid networks are needed for enterprises today, allowing applications and workflows to move seamlessly across every edge so critical information can be accessed by any user or device from any location. Combined management of advanced networking and security becomes a powerful enabler of digital acceleration.”

FortiOS 7.2 delivers new AI-powered FortiGuard security services, enhancements to the only converged networking and security platform available today, and further consolidation of security point products across networks, endpoints, and clouds.
These enhancements enable FortiOS to further protect today’s hybrid networks in the face of an escalating threat landscape while also helping organizations achieve digital acceleration.

New AI-Powered FortiGuard Security Services
Fortinet’s rich suite of FortiGuard Security Services is powered by FortiGuard Labs and natively integrated across the Fortinet Security Fabric to deliver automated and coordinated security in real-time. FortiGuard services are powered by trusted machine learning and artificial intelligence models informed by unified data sets feeding from networks, endpoints, and clouds, rich independent research, and comprehensive industry collaboration. In FortiOS 7.2, Fortinet expands its offering with multiple new services and enhancements to stop known and unknown threats faster and more effectively than ever before.

New services include:

  • Inline Sandbox: This innovation transforms a traditional detection sandbox capability into real-time in-network prevention to stop both known and unknown malware, with minimal impact on operations. The result is better ransomware protection when compared to solutions that allow suspicious files into the network and then must chase down malware once it’s been identified.
  • Advanced Device Protection: This service automatically discovers and segments OT and IoT devices based on their unique network features, maintains asset inventory, and uses pattern matching to enforce appropriate policies and automate remediation. This service is offered on our NGFW solution and at the LAN Edge through integration with FortiNAC, including NAC playbooks that enable detection and response close to the protected asset.
  • Outbreak Detection: Enables faster response to outbreak attacks through immediate alerts and threat hunting scripts that automatically identify and respond to new threats to provide SOC teams with faster time to detection and remediation.
  • SOC-as-a-Service: Free up SOC teams to focus on major executions by offloading all tier-one analysis to Fortinet’s global team of experts. This attached service is conveniently priced at a fixed cost for NGFW deployments.
  • Dedicated IPS: Designed for finance and other regulated deployments, this solution enables migration from separate hardware to NGFW while preserving operations and compliance practices.
  • Inline CASB: This new service for FortiGate NGFWs integrates with the FortiClient Fabric Agent to enable inline ZTNA traffic inspection and ZTNA posture check.

Key enhancements to existing services include:

  • Fabric Rating: This service guides customers as they design, implement, and continually advance their organization’s security posture, taking into account audit checks, the identification of critical vulnerabilities, and configuration weaknesses.
  • Web Security: AI-driven URL, DNS, and video filtering services provide comprehensive threat protection to address various threats, including ransomware, credential theft, phishing, and other web-borne attacks.

Enhancements to the Only Converged Networking and Security Platform Available Today
Fortinet’s security-driven networking approach is uniquely designed for modern networking technologies across all network edges. This ensures that AI-powered security functions can be built-in to enable secure digital acceleration. FortiOS 7.2 further unifies the convergence of networking and security across NGFW, SD-WAN, LAN Edge, 5G, ZTNA, and more:

  • SD-WAN: The industry’s most comprehensive Secure SD-WAN solution now includes enhancements to further accelerate and automate overlay orchestration to simplify the scaling of global WAN architectures. With enhanced application analytics monitoring and the addition of Mean Opinion Score (MOS) for voice and video applications, organizations can easily measure quality of experience from an application to end-users.
  • SD-Branch: The industry’s most complete solution for securing the branch from the WAN edge to the LAN edge includes 5G Wireless WAN, SD-WAN, NGFW security, and LAN equipment in a single converged solution. FortiOS 7.2 introduces additional automated deployment and orchestration features to make setting up and managing branch networks on a global scale even simpler and more secure.
  • LAN Edge (Switch and Wi-Fi): Secure the network by converging networking and security into a single solution that simplifies the secure onboarding of all types of devices. New onboarding features allow for the integrated discovery of devices to enable the implementation of ‘least privilege’ access at the LAN Edge without additional system overhead.
  • NGFW: FortiOS 7.2 makes FortiGate the first next-generation firewall to support HTTP/3.0, offering increased visibility and protection for emerging HTTP standards that promise the speed and agility required by digital acceleration.
  • Identity: Providing strong, flexible authentication options, Fortinet complements on-prem and VM-based FortiAuthenticator with new cloud-based authentication services ideal for applications and resources in the cloud. Combined with our new FIDO-based passwordless multi-factor authentication (MFA), Fortinet is delivering easier to use, more secure authentication services to today’s hybrid environments.
  • ZTNA: The only universal ZTNA enforcement built into a next-generation firewall (appliance, VM, or cloud-delivered) is available across all work locations to enable true Work-from-Anywhere. And it is now even easier to manage with a new unified policy configuration in a single GUI for every connection and improvements to the ZTNA service portal.
  • Micro-segmentation: Fortinet is expanding upon its Security Fabric segmentation and micro-segmentation capabilities to deliver intent-based networking and control of east-west traffic.
  • Secure Remote Access – SASE: Provide secure private access to corporate applications with natively integrated ZTNA in FortiSASE for one unified agent for endpoint protection and traffic redirection. Continuous identity and context validation allow organizations to easily shift from implicit to explicit access per application for remote users to overcome traditional VPN challenges.
  • Simplified and Centralized Management and Monitoring: New enhancements simplify and automate the roll-out of large deployments with improved zero-touch provisioning. They also enable the deeper integration of AI for network operations (AIOps) with centralized management via FortiManager and Digital Experience Monitoring with FortiMonitor.

Further Consolidation of Security Point Products Across Networks, Endpoints, and Clouds
Fortinet continues to expand the Fortinet Security Fabric’s ability to consolidate multiple security point products across an ever-expanding attack surface.

  • Enhancements Across the Fabric: Additional upgrades across Fortinet’s entire portfolio of network, endpoint, and cloud solutions introduced in FortiOS 7.2 enhance the Fortinet Security Fabric and Fortinet’s ability to consolidate security point products into a platform that is broad, integrated, and automated.
  • Integration with one of the industry’s largest technology alliance ecosystems: The Fortinet Fabric-Ready Technology Alliance Partner Program brings together a community of global technology partners with specialized expertise. As a result of more than 480 integrations, customers can more easily build a platform of integrated solutions to improve security effectiveness, reduce complexity, and simplify operations.

Fortinet Technology Leadership in the Security Industry
Fortinet is the industry’s leading cybersecurity innovator and delivers the most extensive portfolio of security solutions in the world, backed by years of organic innovation developed in our major R&D centers in North America and Canada. With 1,255 awarded patents, Fortinet has nearly 3x more patents than comparable cybersecurity companies. In addition, with a commitment to third-party validation, Fortinet submits its products for impartial performance and effectiveness testing with the most prominent organizations in the industry, with consistently positive results.

Availability
FortiOS 7.2 is available now.

Join the FortiOS 7.2 webinar
Learn more about the latest networking and security innovations from Fortinet by joining the FortiOS 7.2 webinar on April 12.

Join Fortinet at Accelerate 2022
Fortinet is holding its annual Accelerate conference in digital format on May 10 – 12 (Americas) and May 11 – 13 (EMEA/APAC). Customers, partners, analysts, and media are invited to join online at no cost to hear about the latest updates in networking and security from Fortinet executives and industry experts.

Supporting Quotes
“In our industry, uptime and security are paramount. Whether you’re standing up new sites or managing security across the entire infrastructure, every little thing you can do to optimize and secure operations can have a massive positive financial impact. Investing in Fortinet has allowed us to integrate our networking and security into a single platform and simplify management across a dynamic IT architecture. Because of Fortinet’s continued enhancements to the Security Fabric and FortiOS, there’s no limit to how much we can securely scale in the future.”
– Minh Le, Chief Information Officer at Checkers

“Fortinet has consistently anticipated where the cybersecurity industry is heading and delivers technology innovation that allows us to help our customers meet and exceed their business needs today and far into the future. Fortinet’s ability to deliver the most comprehensive converged network and security platform is a perfect example. And when combined with consistent enhancements to the Fortinet Security Fabric and FortiOS, it gives us incredible confidence as a Fortinet partner that we will be able to continue to support our customers with highly differentiated offerings that solve today and tomorrow’s toughest challenges in networking and security.”
– Tony Jaroszewski, Director Network/Security Specialists at AHEAD

“Enterprise environments have become increasingly distributed with applications now deployed across private data centers, multiple public clouds, and edge locations, while employees may work remotely, from an office, or both. However, maintaining consistent and secure connectivity between users and applications is difficult to do with siloed network and security tools. Whether they take a DIY approach or work with managed service providers or telcos to address this challenge, organizations are most successful when they deploy solutions that converge networking and security. Fortinet delivers a platform approach that addresses point solution sprawl and tightly integrates networking and security, no matter what type of IT architecture a customer has deployed.”
– John Grady, Senior Analyst at ESG

Additional Resources

About Fortinet
Fortinet (NASDAQ: FTNT) makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. This is why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey. The Fortinet Security Fabric platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office. Ranking #1 in the most security appliances shipped worldwide, more than 565,000 customers trust Fortinet to protect their businesses. And the Fortinet NSE Training Institute, an initiative of Fortinet’s Training Advancement Agenda (TAA), provides one of the largest and broadest training programs in the industry to make cyber training and new career opportunities available to everyone. Learn more at https://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.

FTNT-O

Copyright © 2022 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAP, FortiAppEngine, FortiAppMonitor, FortiAuthenticator, FortiBalancer, FortiBIOS, FortiBridge, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCenter, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDirector, FortiDNS, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLocator, FortiLog, FortiMeter, FortiMoM, FortiMonitor, FortiNAC, FortiPartner, FortiPenTest, FortiPhish, FortiPortal, FortiPresence , FortiProtect, FortiProxy, FortiRecorder, FortiReporter, FortiSASE, FortiScan, FortiSDNConnector, FortiSIEM, FortiSDWAN, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiVoIP, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.

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Cognitive Security Market Projected to Reach $134.26 billion by 2030 – Exclusive Report by 360iResearch

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11 hours ago

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April 27, 2024

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PUNE, India, April 26, 2024 /PRNewswire/ — The report titled “Cognitive Security Market by Component (Services, Solutions), Security Type (Application, Cloud, Cybersecurity), Application, Deployment Mode, Enterprise Type, Vertical – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $19.50 billion in 2023 to reach $134.26 billion by 2030, at a CAGR of 31.73% over the forecast period.

“The Global Rise of Cognitive Solutions Against Cyber Threats”
The field of cognitive security, leveraging the latest in artificial intelligence (AI), machine learning (ML), and data analytics, is reshaping the way physical and digital assets are protected from cyber threats. This innovative approach learns from user interactions with systems and data, enabling real-time threat detection and a more dynamic defense strategy. Across industries, including finance, healthcare, retail, and government, cognitive security applications, such as fraud detection and cyber defense, are becoming vital in navigating the complex threat landscape. Challenges in integrating with older systems and opportunities include advancements in AI and technology. Globally, the cognitive security market is witnessing rapid growth, driven by high American demand and significant investments in the Asia-Pacific region. In Europe, stringent regulations such as GDPR drive the demand for compliant solutions, while in the Middle East and Africa, the expanding telecom sector highlights the need for robust cybersecurity measures. This global momentum highlights the critical role of cognitive security in an interconnected world, ensuring businesses and governments can overcome cyber threats.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/cognitive-security
“The Essential Role of Cognitive Security in Today’s Digital Age”
As digital transformation reshapes industries, the surge in data generation and intricate data management challenges have outpaced traditional cyber defense mechanisms. Cognitive security adept at processing and analyzing vast arrays of data in real-time, uncovering patterns and anomalies indicative of cybersecurity threats. This advanced approach enables proactive threat detection and swift response measures, significantly mitigating the risks of data breaches and cyber incidents. Cognitive security solutions adeptly handle diverse data types at unparalleled speeds, offering insights typically elusive to manual analysis by harnessing the power of automation. These systems excel at unveiling sophisticated attacks, skillfully hidden within normal network activities, and continuously evolve through machine learning. This perceptual adaptation is vital in a landscape where cyber threats rapidly transform, and digitalization ushers in new vulnerabilities. Cognitive security is a staunch supporter for organizations, ensuring their security policies remain in lockstep with the ever-evolving cyber threat environment and regulatory demands, thus fortifying digital defenses in an increasingly connected world.
“Enhancing Digital Security through Advanced Cognitive Technologies”
In an era where cyber threats are constantly evolving, the importance of robust digital security mechanisms cannot be overstated. The approach encompasses a suite of essential services that ensure the effective operation and continuous improvement of cognitive security systems. These include the meticulous deployment and integration of these systems into existing organizational structures, ensuring they work seamlessly with current technologies and protocols. Ongoing support and maintenance to keep these systems at the forefront of cyber defense, alongside training and consulting to empower staff with the knowledge and skills needed to optimize these advanced security solutions. Cutting-edge technologies include biometric recognition, digital signature authentication, real-time security analytics, and a unified platform managing security logs and data. Each component is vital role in creating a secure digital environment that identifies threats and enables swift, informed responses to protect organizational assets and data.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/cognitive-security
“International Business Machines Corporation at the Forefront of Cognitive Security Market with a Strong 8.44% Market Share”
The key players in the Cognitive Security Market include Google LLC by Alphabet Inc., Microsoft Corporation, Fortinet, Inc., International Business Machines Corporation, Cisco Systems, Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Cognitive Security Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Cognitive Security Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Cognitive Security Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/cognitive-security
“Dive into the Cognitive Security Market Landscape: Explore 192 Pages of Insights, 760 Tables, and 28 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsCognitive Security Market, by ComponentCognitive Security Market, by Security TypeCognitive Security Market, by ApplicationCognitive Security Market, by Deployment ModeCognitive Security Market, by Enterprise TypeCognitive Security Market, by VerticalAmericas Cognitive Security MarketAsia-Pacific Cognitive Security MarketEurope, Middle East & Africa Cognitive Security MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/cognitive-security
Related Reports:
Cognitive Radio Market – Global Forecast 2024-2030Cognitive Electronic Warfare System Market – Global Forecast 2024-2030Cognitive Data Management Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
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IBM, Government of Canada, Government of Quebec Sign Agreements to Strengthen Canada’s Semiconductor Industry

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23 hours ago

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April 26, 2024

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Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada’s Bromont plant
BROMONT, QC, April 26, 2024 /PRNewswire/ — IBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada’s semiconductor industry, and further develop the assembly, testing and packaging (ATP) capabilities for semiconductor modules to be used across a wide range of applications including telecommunications, high performance computing, automotive, aerospace & defence, computer networks, and generative AI, at IBM Canada’s plant in Bromont, Quebec. The agreements reflect a combined investment valued at approximately $187M CAD.

“Today’s announcement is a massive win for Canada and our dynamic tech sector. It will create high-paying jobs, invest in innovation, strengthen supply chains, and help make sure the most advanced technologies are Canadian-made. Semiconductors power the world, and we’re putting Canada at the forefront of that opportunity,” said the Right Honourable Justin Trudeau, Prime Minister of Canada
In addition to the advancement of packaging capabilities, IBM will be conducting R&D to develop methods for scalable manufacturing and other advanced assembly processes to support the packaging of different chip technologies, to further Canada’s role in the North American semiconductor supply chain and expand and anchor Canada’s capabilities in advanced packaging.
The agreements also allow for collaborations with small and medium-sized Canadian-based enterprises with the intent of fostering the development of a semiconductor ecosystem, now and into the future.
“IBM has long been a leader in semiconductor research and development, pioneering breakthroughs to meet tomorrow’s challenges. With the demand for compute surging in the age of AI, advanced packaging and chiplet technology is becoming critical for the acceleration of AI workloads,” said Darío Gil, IBM Senior Vice President and Director of Research. “As one of the largest chip assembly and testing facilities in North America, IBM’s Bromont facility will play a central role in this future. We are proud to be working with the governments of Canada and Quebec toward those goals and to build a stronger and more balanced semiconductor ecosystem in North America and beyond.”
IBM Canada’s Bromont plant is one of North America’s largest chip assembly and testing facilities, having operated in the region for 52 years. Today, the facility transforms advanced semiconductor components into state-of-the-art microelectronic solutions, playing a key role in IBM’s semiconductor R&D leadership alongside IBM’s facilities at the Albany NanoTech Complex and throughout New York’s Hudson Valley. These agreements will help to further establish a corridor of semiconductor innovation from New York to Bromont. 
“Advanced packaging is a crucial component of the semiconductor industry, and IBM Canada’s Bromont plant has led the world in this process for decades,” said Deb Pimentel, president of IBM Canada. “Building upon IBM’s 107-year legacy of technology innovation and R&D in Canada, the Canadian semiconductor industry will now become even stronger, allowing for robust supply chains and giving Canadians steady access to even more innovative technologies and products. This announcement represents just one more example of IBM’s leadership and commitment to the country’s technology and business landscape.”
Chip packaging, the process of connecting integrated circuits on a chip or circuit board, has become more complex as electronic devices have shrunk and the components of chips themselves get smaller and smaller. IBM announced the world’s first 2 nanometer chip technology in 2021 and, as the semiconductor industry moves towards new methods of chip construction, advances in packaging will grow in importance. 
“Semiconductors are part of our everyday life. They are in our phones, our cars, and our appliances. Through this investment, we are supporting Canadian innovators, creating good jobs, and solidifying Canada’s semiconductor industry to build a stronger economy. Canada is set to play a larger role in the global semiconductor industry thanks to projects like the one we are announcing today. Because, when we invest in semiconductor and quantum technologies, we invest in economic security.”  — The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry
“This investment by IBM in Bromont will ensure that Quebec continues to stand out in the field of microelectronics. An increase in production capacity will solidify Quebec’s position in the strategic microelectronics sector in North America.” — The Honourable Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister responsible for Regional Economic Development and Minister responsible for the Metropolis and the Montreal region
About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in semiconductors, AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information. 
Media ContactLorraine BaldwinIBM [email protected] 
Willa HahnIBM [email protected]
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HITACHI ACQUIRES MA MICRO AUTOMATION OF GERMANY IN EFFORT TO ACCELERATE GLOBAL EXPANSION OF ROBOTIC SI BUSINESS IN THE MEDICAL AND OTHER FIELDS

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1 day ago

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April 26, 2024

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HOLLAND, Mich., April 26, 2024 /PRNewswire/ — Hitachi Ltd. (TSE: 6501, “Hitachi”) has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH (“MA micro automation”, headquartered in St. Leon-Rot, Germany) from MAX Management GmbH (a subsidiary of MAX Automation SE). MA micro automation is a leading provider of robotic and automation technology (robotic SI) including high-speed linear handling systems, high-precision assembly lines, and high-speed vision inspection technology for Europe, North America, and Southeast Asia, for EUR 71.5M million. The transaction is expected to close in the second half of 2024, pending completion of the customary regulatory filings. After the acquisition is completed, MA micro automation will join JR Automation Technologies, LLC (“JR Automation”), a market leader in providing advanced automation solutions and digital technologies in the robotic system integration business for North America, Europe, and Southeast Asia as a continued effort to expand the company’s global presence.

MA micro automation is a technology leader for automation solutions within micro-assembly. Through its state-of-the-art proprietary high-speed and high-precision automation know-how, combined with unique optical image inspection capabilities, MA micro automation serves high-growth med-tech automation end-markets, covering the production, assembly, and testing medical and optical components including contact lenses, IVD and diabetes diagnostics consumables, and injection molding for medical use. The company was established in 2003 through a carve-out from Siemens*1 and since 2013 has been part of the MAX Automation group. 
JR Automation is a leading provider of intelligent automated manufacturing technology solutions, serving customers across the globe in a variety of industries including automotive, life sciences, e-mobility, consumer and industrial products. With over 20 locations between North America, Europe, and Southeast Asia, the leading integrator offers nearly 2 million square feet (185,806 sq. m) of available build and engineering floorspace. This acquisition allows JR Automation to further grow and strengthen both the company’s geographical footprint and their continued commitment on expanding support capabilities within the European region and medical market vertical.
“MA micro automation provides engineering, build and support expertise with established capabilities in complex vision applications, high-speed and high-precision automation technologies. When integrated with JR Automation’s uniform global process and digital technologies, this partnership will further enhance our ability to deliver added value and support to all of our customers worldwide and continue to grow our capabilities in the medical market,” says Dave DeGraaf, CEO of JR Automation. “As we integrate this new dimension, impressive talents and abilities of the MA micro automation team we further enhance our ability to serve our customers, creating a more robust and globally balanced offering.”
With this acquisition, Hitachi aims to further enhance its ability to provide a “Total Seamless Solution*2” to connect manufacturer’s factory floors seamlessly and digitally with their front office data, allowing them to achieve total optimization and bringing Industry 4.0 to life. This “Total Seamless Solution” strategy links organizations’ operational activities such as engineering, supply chain, and purchasing to the plant floor and allows for real time, data-driven decision-making that improves the overall business value for customers.
Kazunobu Morita, Vice President and Executive Officer, CEO of Industrial Digital Business Unit, Hitachi, Ltd. says, “We are very pleased to welcome MA micro automation to the Hitachi Group. The team is based in Europe, providing robotic SI to global medical device manufacturing customers with its high technological capabilities and will join forces with JR Automation and Hitachi Automation to strengthen our global competitiveness. Hitachi aims to enhance its ability to provide value to customers and grow alongside them by leveraging its strengths in both OT, IT, including robotic SI, and “Total Seamless Solution” through Lumada*3’s customer co-creation framework.”
Joachim Hardt, CEO MA micro automation GmbH says, “Following the successful establishment and growth of MA micro automation within the attractive automation market for medical technology products, we are now opening a new chapter. Our partnership with Hitachi will not only strengthen our global competitive position, but we will also benefit from joint technological synergies and a global market presence.  We look forward to a synergistic partnership with Hitachi and JR Automation.”
Outline of MA micro automation    
Name
MA micro automation GmbH
Head Office
St. Leon-Rot, Germany
Representative
Joachim Hardt (CEO)
Outline of Business
Automation solutions within micro-assembly
Total no. of Employees:
Approx. 200 (As of April 2024)
Founded
2003
Revenues (2023)
€ 46.5 million
Website

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*1
“Siemens” is a registered trademark or trademark of Siemens Trademark GmbH & Co. KG in the U.S. and other countries.
*2
“Total Seamless Solution” is a registered trademark of Hitachi, Ltd. in the U.S. and Japan.
*3
Lumada: A collective term for solutions, services and technologies based on Hitachi’s advanced digital technologies for creating value from customers’ data accelerating digital innovation. https://www.hitachi.com/products/it/lumada/global/en/index.html
About JR AutomationEstablished in 1980, JR Automation is a leading provider of intelligent automated manufacturing technology solutions that solve customers’ key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more.  
In 2019, JR Automation was acquired by Hitachi, Ltd. In a strategic effort towards offering a seamless connection between the physical and cyber space for industrial manufacturers and distributers worldwide. With this partnership, JR Automation provides customers a unique, single-source solution for complete integration of their physical assets and data information, offering greater speed, flexibility, and efficiencies towards achieving their Industry 4.0 visions. JR Automation employs over 2,000 people at 21 manufacturing facilities in North America, Europe, and Asia.  For more information, please visit www.jrautomation.com.   
About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.
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