World News – CA – Ivanti purchases MobileIron and Pulse Secure in mobile security game

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Software vendor Ivanti has recruited cybersecurity vendors MobileIron and Pulse Secure to strengthen its presence in unified endpoint management, zero-trust security, and enterprise service management markets

The provider of IT management software solutions, backed by subsidiaries of Clearlake Capital Group and TA Associates, has signed definitive agreements to acquire MobileIron, which provides mobile-centric unified management solutions for mobile devices, and Pulse Secure, which also provides mobile and secure security access solutions

Under the terms of the deal with MobileIron, Ivanti will acquire all of MobileIron’s outstanding common stock for a total value of approximately US $ 872 million, a deal that the cybersecurity provider’s board has already backed

Pulse Secure, meanwhile, will be picked up by affiliates of Siris Capital Group Terms of the Pulse Secure transaction were not disclosed

Following the transactions, the merged company will continue to be led by Ivanti Chairman and CEO Jim Schaper

Ivanti Says Acquisitions of MobileIron and Pulse Secure will help it realize its vision of enabling the ‘self-healing autonomous edge’ with adaptive security and contextualized, personalized experiences for remote workers

« By combining MobileIron and Pulse Secure with Ivanti, we are creating a leader in the growing Unified Endpoint Management, Security and Enterprise Service Management markets, » said Schaper. now have the most comprehensive set of software solutions that meet the growing market demand for the future of work, where working from anywhere on any device is the new normal

« By integrating our industry knowledge and our complementary product offerings, Ivanti will be well positioned to provide our broad customer base with the critical tools needed to tackle IT challenges in the new normal.

« We welcome MobileIron and Pulse Secure employees, customers and network of partners to the Ivanti family and thank Clearlake and TA Associates [Ivanti’s supporters] for their strong support in enabling these transformational transactions. « , he added

Combining the offerings of the three vendors will enable enterprise customers to discover, manage, secure service and automate on all types of devices with the Ivanti Neurons hyper-automation platform

Avanti also says that users of solutions from all three organizations will benefit from the extensive scale, company resources, service capabilities and financial flexibility that Ivanti will offer after acquisition.

For Simon Biddiscombe, CEO of MobileIron, the agreements will position companies – as a collective – well to meet the emerging needs of the market

« We are delighted to partner with Ivanti and Pulse Secure in a combination that will accelerate our ability to help organizations quickly and securely embrace the future of work, in which employees, IT infrastructure and customers are everywhere – and mobile devices provide access to everything, ”said Biddiscombe

« Consolidating our solutions will allow organizations to easily secure users, devices, data and access across the enterprise. We are confident this transaction will bring complete security to the workforce. next generation, provide better opportunities for our team of employees and better serve our customers

« Additionally, we believe this combination represents the best way forward for our shareholders and MobileIron, » he added.

According to Sudhakar Ramakrishna, CEO of Pulse Secure, the combination of forces with Ivanti fits well within the current field of action of the company

“When it comes to the future of work, Ivanti shares our belief that ‘distance is the new normal’ and our commitment to create secure access solutions that deliver simple and unified user experiences,” said Ramakrishna « We are delighted to join the Ivanti family alongside MobileIron and look forward to using the resources provided by Clearlake and TA Associates to strengthen our position as a leader in secure access for hybrid computing environments in a world of Zero Trust. »

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News from around the world – CA – Ivanti buys MobileIron and Pulse Secure in mobile security game


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