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."

Please login / register to post comments

news in steel

Daehan Pyeongtaek modernizes existing VCC® mill with new SMS group billet welder and VCC® line to produce 5.0-ton coils

DaehanSteel Co. Ltd., South Korea, awarded SMS group an order to modernize its existing VCC® (Vertical Compact Coiler) of the rolling mill in its Pyeongtaek plant, which is located in the Seoul area.

New at wire 2020 in Düsseldorf: Special exhibition areas for Fasteners and Springs

wire 2018 exceeded all records attained so far and this success might still be topped: wire 2020 in Düsseldorf will open up for the first time with Fasteners and Springs forming independent exhibition areas under the roof of wire 2020. Start of registration for potential exhibitors is by end of January, 2019.

Well ventilated - Blast furnace blowers in South Korea modernized with Siemens technology

The international steel maker, Posco, is one of the world's largest steel producers. To ensure consistently high levels of steel production, the company has invested in modernizing the blowers on its blast furnaces at its main plant in Pohang using Siemens drive technology.

New additions to the SSAB Multisteel range

Pressure vessel and shipbuilding steels according to European and US standards now also included.