Arxan, a mobile security company specializing in Application Protection for Mobile Apps and Internet of Things (IoT) has made it official that it is going to acquire Boston-based ‘Apperian’ Software Company that provides a mobile application management platform.
Currently, the terms of the deal remain undisclosed.
Apperian offers granular security and policy controls at the individual application level in corporate environments. This includes the instances such as BYOD, contract workers, and other unmanaged devices. The company has so far managed to distribute its services through more than 2.5 million enterprise app installations and has 12 granted and pending patents in favor of its product portfolio.
After Arxan buys Apperian, the latter will start functioning as a subsidiary of the former and will be led by Mark Lorion- the Executive Apperian.
As the majority of Arxan customers are having enterprise mobile apps, the move to buy Apperian will prove fruitful to the company on the long run.
Arxan has many patents related to IT defends applications against cyber attacks. These apps also can detect cyber threats at runtime and deter attacks by stopping, alerting or repairing detected attacks.
Maryland-based Arxan company software apps run on mobile devices, desktops, servers and embedded platforms, including those connected as part of the Internet of Things (IoT).
Arxan mobile security solutions are being used by companies involved in Mobile Payments and Banking, Automotive IoT, Healthcare IoT, IBM, Gaming, Digital Media and High Tech solution providers.
Intel, IBM, Cigtal, Kony, Inauth are some of the technology partners of Arxan.
The company was founded in 2001 and has branch offices located in USA, UK, France, Germany, Sweden, Japan, Korea, and India.
Arxan Code Protection and Arxan Cryptographic Key & Data Protection products are a hit in enterprise worlds.