Analog Devices has announced the acquisition of the Cyber Security Solutions (CSS) business of Sypris Electronics LLC. This acquisition represents a significant leap forward in ADI's ability to deliver secure high-performance analog solutions demanded by the market.
Over the last 50 years, Sypris has built a proven track record of delivering high-assurance information security services to the world’s most demanding customers, including military and government organizations needing to protect against sophisticated nation-state level threats and attacks. With this transaction, they enhances their aerospace and defense capabilities in the area of secure radio communications, bolsters their portfolio of system hardware and software-based cryptographic technologies, and adds a cybersecurity software and services business that supports their ability to offer more comprehensive high-performance analog solutions across multiple market segments such as Internet of Things (IoT), industrial, automotive, and more.
With this acquisition, ADI will accelerate their ability to offer our customers trust ‘from the sensor to the cloud’ through next-generation cyber-physical security solutions. The competencies and offerings of the CSS business will complement their Internet of Things (IoT) solutions, as security increasingly becomes paramount to the success of IoT implementations.”
The CSS team will remain in their current locales of Tampa, Florida and West Lafayette, Indiana and form the core of ADI’s new Secure Technology Group (STG), to be led by John Walsh, former president of Sypris Electronics, LLC.
