The combination enhances Ivanti’s security offerings.
Ivanti has announced it has closed the acquisitions of MobileIron and Pulse Secure. Salt Lake City based Ivanti automates IT and security operations to discover, manage, secure and service from cloud to edge.
MobileIron a leading provider of mobile-centric unified endpoint management solutions. Pulse Secure is a leading provider of secure access and mobile security solutions.
The acquisitions help place Ivanti as a global market leader in Unified Endpoint Management (UEM), Zero Trust Security, and IT Service Management (ITSM).
“We are excited to welcome the MobileIron and Pulse Secure teams into the Ivanti family,” said Jim Schaper, Ivanti Chairman and CEO. “Our intelligent experience platform will power business through hyper-automation and secure connections on every device, for any user, wherever and however they work.
“This enables our customers to collaborate and innovate more freely, while reducing the risk of data breaches and enhancing employee experiences. We have a tremendous opportunity ahead of us, and I’m very excited for the future.”
What the deal means for Ivanti customers
With MobileIron and Pulse Secure in the Ivanti portfolio, customers will be able to proactively and autonomously self-heal, self-secure, and self-service devices in the everywhere enterprise, according to the company.
Through zero trust security and contextual automation, Ivanti says its solutions will make IT connections smarter and more secure. This security will extend across remote infrastructure, devices, and people. Ivanti will now be able to provide a comprehensive level of end-to-end coverage on every device, according to the company.
Customers will benefit from real-time intelligence into the health, security, and performance of all devices from cloud to edge. This allows them to proactively detect and remediate vulnerabilities before they impact the business.
Organizations will now be able to discover and manage devices, implement secure zero trust access, and deliver personalized employee experiences. They can do this while improving productivity with better operational speed, cost, and quality of service, according to Ivanti.
Transaction highlights
The deal to acquire MobileIron was valued at approximately $872 million. MobileIron shareholders will $7.05 cash per share, a 27% premium on the company’s share price as of Sept. 24. The terms of the Pulse Secure acquisition were not disclosed.
Pulse was previously acquired by Siris Capital for $250 million in 2014 from Juniper Networks Inc.
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