Along with other prominent investors, SHS Ventures, a venture capital company, has acquired a stake in Rhebo GmbH, a Leipzig-based high-tech company, on behalf of the Saarland's steel industry.

Rhebo safeguards all control networks of industrial facilities against disruption to operations and cyber attacks. By indicating any unauthorized access or even sabotage, Rhebo significantly improves security and optimizes facility availability by continuously monitoring in real time. Rhebo is listed by Gartner, the global leader in IT market research, as the only German manufacturer of anomaly detection systems for industrial control networks.

Rhebo-CEO, Klaus Mochalski, explains, "The new investment enables us to carry out further technical development and achieve market penetration with industrial anomaly detection to safeguard industrial networks against technical error statuses and cyber attacks",- a subject that is also of key importance to the Saarland's steel industry which already recognized and exploited the potential of Industry 4.0 for its processes at an early stage.

Dr. Michael Müller, Chairman of the Management Board of SHS - Stahl-Holding-Saar GmbH & Co.KGaA, explains the participation, saying "The stake in Rhebo is well suited to our concept of further developing as companies at the leading edge in technology. It is meanwhile impossible to imagine the steel industry in the Saarland without digitalisation and Industry 4.0. The subject of cyber security is playing an increasingly important role. This applies both to the digital transformation within our companies as well as for the whole industry."

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
 

best read