HPE adds SSE to portfolio with Axis Security acquisition

HPE adds SSE to portfolio with Axis Security acquisition

HPE has acquired Israel-based Axis Security. With the technology, HPE plans to eventually offer a complete unified SASE platform.

With the acquisition of Axis Security, HPE wants to expand its edge-to-cloud security portfolio. This should lead to a complete unified Secure Access Services Edge (SASE) platform. This will allow companies to better meet the security and accessibility needs of integrated network and security solutions.

SSE platform

The Israeli security provider offers Security Services Edge (SSE) solutions that provide access to on-premises and public cloud-based resources. For this purpose, Axis Security has developed the Atmos platform.

Atmos provides users with authenticated access to proprietary applications at the edge of the network, as well as a secure web gateway (SWG) to secure access to the Internet. In addition, Axis Security offers a cloud access security broker (CASB) for delivering secure access to SaaS applications and a Digital Experience Monitoring (DIEM) solution for greater insight into the user experience.

Integration with HPE Aruba and GreenLake

HPE plans to integrate the acquired company’s technology into its HPE Aruba portfolio. To provide the unified SASE platform, it plans to combine the SSE platform with HPE Aruba’s existing SD-WAN solutions and network firewalls.

These combined solutions should eventually provide the complete SASE solution that gives enterprises the best security for both IoT devices and complete user access for all global enterprise locations. In addition, the SSE platform will also be available through HPE GreenLake as a standalone, subscription-based solution.

The final acquisition should be completed in the second quarter of this year. The first solutions should come to market in the third quarter.

Quarterly figures

In addition to the Axis Security acquisition, HPE also announced its first quarterly figures for fiscal 2023. In the past quarter, HPE managed to bring in revenues of $7.8 billion. A growth of 12 percent compared to the same period in 2022. This was the highest quarterly revenue since 2016, HPE said.

All market segments recorded higher revenue. For the first time since implementation, HPE GreenLake sales exceeded $1 billion in that quarter. The outlook for the second quarter of this year is also favorable. HPE expects revenue of between $7.1 billion and $7.5 billion for this quarter.

Update: In an earlier version of this story we reported that HPE will pay 500 million dollars for Axis Security. HPE reached out to us to let us know that this figure is inaccurate. HPE won’t disclose the actual figure.

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