Press release SHS Ventures
Focus on Cyber Security: Saarland's steel industry is taking a stake in Rhebo
09 May 2018
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.”
About SHS - Stahl-Holding-Saar:
SHS - Stahl-Holding-Saar GmbH & Co. KGaA (SHS), which was founded in 2001, is the management holding of the two large Saarland-based steel companies. Dillinger is a worldwide leader in the production of heavy plates made of steel for steel construction, mechanical engineering, off-shore, offshore-windpower and the linepipe sector. Saarstahl is a globally leading manufacturer of rod and bar steel for the automotive industry, the construction industry and general machinery. Around 14,000 employees work within SHS and generate a turnover totalling around 4.5 billion euros.
About SHS Ventures:
The investment company has a stake, among others, in Mapudo, the leading digital trading platform for the sale of steel products. The joint venture of VSE AG and SHS – Stahl-Holding-Saar GmbH & Co. KGaA aims to identify and develop new business fields in order to be able to actively participate in current developments. In doing so, SHS Ventures targetedly contacts start-up companies both at home and abroad.
Rhebo is a German technology company that is specialized in ensuring the operational reliability of industrial control systems by monitoring control communications. Rhebo provides hardware, software and services to secure networked industrial control systems and Critical Infrastructures as well as to increase productivity. Rhebo is listed as one of the 30 top providers for industrial security in Gartner’s »Market Guide for Operational Technology Security 2017«. The company is member of Teletrust – IT Security Association Germany.