Ivanti Plans Double Acquisition of Pulse Secure and MobileIron
- By Kurt Mackie
- September 28, 2020
In a bid to enhance its mobile endpoint security offerings, Ivanti announced on Monday "definitive agreements" to acquire MobileIron (for about $872 million) and Pulse Secure (for an undisclosed amount).
MobileIron acquisition has already been approved by MobileIron's board. 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.