Dec
01
2020
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Ivanti has acquired security firms MobileIron and Pulse Secure

IT security software company Ivanti has acquired two security companies: enterprise mobile security firm MobileIron, and corporate virtual network provider Pulse Secure.

In a statement on Tuesday, Ivanti said it bought MobileIron for $872 million in stock, with 91% of the shareholders voting in favor of the deal; and acquired Pulse Secure from its parent company Siris Capital Group, but did not disclose the buying price.

The deals have now closed.

Ivanti was founded in 2017 after Clearlake Capital, which owned Heat Software, bought Landesk from private equity firm Thoma Bravo, and merged the two companies to form Ivanti. The combined company, headquartered in Salt Lake City, focuses largely on enterprise IT security, including endpoint, asset, and supply chain management. Since its founding, Ivanti went on to acquire several other companies, including U.K.-based Concorde Solutions and RES Software.

If MobileIron and Pulse Secure seem familiar, both companies have faced their fair share of headlines this year after hackers began exploiting vulnerabilities found in their technologies.

Just last month, the U.K. government’s National Cyber Security Center published an alert that warned of a remotely executable bug in MobileIron, patched in June, allowing hackers to break into enterprise networks. U.S. Homeland Security’s cybersecurity advisory unit CISA said that the bug was being actively used by advanced persistent threat (APT) groups, typically associated with state-backed hackers.

Meanwhile, CISA also warned that Pulse Secure was one of several corporate VPN providers with vulnerabilities that have since become a favorite among hackers, particularly ransomware actors, who abuse the bugs to gain access to a network and deploy the file-encrypting ransomware.

Feb
22
2017
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MobileIron adding IoT management to its arsenal

Internet of Things connecting in cloud over city scape. MobileIron, which went public in 2014, has been known mostly for helping large companies manage mobile devices, especially in a time when people tend to bring their own. Today it announced it was expanding that mission to the Internet of Things.
When you think about it, it’s a logical move for a company that is used to overseeing a large number of devices and helping IT keep them secure. Read More

Oct
29
2015
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MobileIron Posts Lower-Than-Expected FQ3 Loss Of $0.20 Per Share Off Revenue Of $38M

mobileiron-earnings Following the bell, device management shop MobileIron announced its fiscal third quarter financial performance, including revenue of $38 million, and adjusted profit of negative $0.20. Using normal accounting techniques, the company lost a stiffer $0.30 per share.
Investors had expected MobileIron to lose an adjusted $0.20 per share, off of $37.61 million in revenue. The company’s… Read More

Jun
16
2015
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Apple Taps MobileIron To Help It Deploy iPad Apps Into The Enterprise

Screen Shot 2015-06-16 at 9.49.22 AM Apple is working with mobile device management shop MobileIron to help deploy applications into the enterprise. The collaborative effort is part of a larger enterprise push by Apple that has it working with IBM and a number of other firms that sell products into the enterprise. Read More

Feb
03
2015
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MobileIron Wants To Be Your Cloud Content Security Umbrella

LIttle boy under huge umbrella. MobileIron is introducing a new Content Security Service (CSS) today that provides IT with a cloud security umbrella to set document protections across a variety of services, even when employees save documents to a personal account. In today’s BYOD (bring-your-own-device) world, IT knows all too well that people save company content to personal cloud storage accounts, even if there… Read More

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