Ivanti Buys MobileIron and Pulse Secure
Security solutions company Ivanti on Monday announced "definitive agreements" to acquire MobileIron and Pulse Secure.
The acquisitions are expected to enhance Ivanti's mobile endpoint security offerings. Ivanti is paying about $872 million to buy MobileIron, and the deal has already gotten approval from MobileIron's board. The amount to acquire Pulse Secure wasn't disclosed, but Ivanti is buying Pulse Secure via its Siris Capital Group owner.
When the deals get closed, MobileIron's and Pulse Secure's mobile security solutions will get offered by Ivanti alongside its own security management solutions. Here's how that integration was characterized:
The combination of Ivanti, MobileIron, and Pulse Secure will cement Ivanti's leadership in unified endpoint management, zero trust security, and enterprise service management, which are critical in today's remote work environment. With today's announced transactions, Ivanti will enable customers to discover, manage, secure service, and automate across all device types with the Ivanti Neurons hyper-automation platform. Additionally, customers will benefit from the expanded scale, corporate resources, service capabilities and financial flexibility that Ivanti will deliver.
Ivanti Neurons is a platform that enables endpoints and edge devices to service themselves and "self-heal," per a company description.
Ivanti, owned by Clearlake Capital Group and TA Associates, was formed more than three years ago from the merger of LANDesk and Heat Software. Those companies had focused on IT service management, enterprise endpoint security and patch management support. The acquisition of MobileIron and Pulse Secure is seen as bolstering Ivanti's security capabilities to address the needs of organizations with remote workforces.
MobileIron focuses on providing so-called "zero-trust" security to mobile devices via its Everywhere Enterprise solution. Pulse Secure offers hybrid network security for remote devices via its Secure Access Suite products.
Kurt Mackie is senior news producer for 1105 Media's Converge360 group.