Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Leonardo, Siemens sign deal to create cybersecurity platform

Published 04/06/2023, 04:18 AM
Updated 04/06/2023, 04:25 AM
© Reuters. FILE PHOTO: Leonardo CEO Alessandro Profumo speaks to reporters at the foreign press association in Rome, Italy, April 12, 2022. REUTERS/Guglielmo Mangiapane

© Reuters. FILE PHOTO: Leonardo CEO Alessandro Profumo speaks to reporters at the foreign press association in Rome, Italy, April 12, 2022. REUTERS/Guglielmo Mangiapane

ROME (Reuters) - Leonardo and Siemens on Thursday said they signed a memorandum of understanding to offer cybersecurity solutions for infrastructure in the energy, oil and gas and industrial sectors.

"The main area of intervention will concern the resilience against accidents and cyber attacks to automation and connectivity systems that monitor and supervise assets, equipment and processes of critical infrastructures," they said in a joint statement.

The Italian aerospace group and German technology company will aim to offer "complete protection" from threats on infrastructure, which could have serious impact on "essential" public services.

© Reuters. FILE PHOTO: Leonardo CEO Alessandro Profumo speaks to reporters at the foreign press association in Rome, Italy, April 12, 2022. REUTERS/Guglielmo Mangiapane

"Leonardo and Siemens can create new synergies based on complementary technologies and skills," Leonardo CEO Alessandro Profumo said.

Giuliano Busetto, the head of Siemens Digital Industries, said the goal was to help Italy in its digital transformation and create further value for the national industry.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.