Ivanti, an IT software company that’s based in Utah, has proudly announced that it is going to acquire MobileIron and Pulse Secure for an undisclosed amount. Trade analysts say that MobileIron that’s into the business of Mobile Security could have gained anything in between $800-$900 million from the deal, while the price-point of secure access solutions provider Pulse Secure is yet to be estimated.
Ivanti plans to bolster its Unified Endpoint Management business along with Zero Trust and Enterprise Security Service from the deal is said to retain the staff as-in-as- then basis and will be combinable led by Ivanti’s Chairman and CEO Jim Schaper.
“By amalgamating both companies, i.e. MobileIron and Pulse Secure, we will create a leader in Unified Endpoint Management, security and enterprise service management markets”, said Schaper.
As working remotely from any device is the new trend, securing such environments with our software solutions will be the aim of our business added Jim.
Ivanti CEO Jim Schaper said that we welcome the employees, clients, and customers of MobileIron and Pulse Secure into our family and would like to thank our affiliates Clearlake and TA Associates to make this happen.
Simon Biddiscombe, the CEO of MobileIron, appreciated the deal and said that it will position Ivanti as a collective company serving the emerging needs of the market.
Note- Ivanti’s Neurons Hyper Automation Platform offers customers the ability to discover, manage, secure and automate services across all devices.