Symantec Deals for Mobile Security Firm

Wednesday, July 12, 2017 @ 12:07 PM gHale


Symantec is on an acquisition roll as it just agreed to purchase mobile security company Skycure, after it picked up Fireglass last Thursday.

Founded five years ago, Skycure offers a threat prevention platform aimed at protecting mobile devices by monitoring network traffic behavior and fixing suspicious activity.

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Symantec said Skycure’s technology could fold into its Integrated Cyber Defense Platform, giving Symantec customers “access to comprehensive and effective endpoint protection offerings across traditional and mobile devices, with enhanced capabilities for mobile devices, applications, network gateways and data protection.”

“We believe that tomorrow’s workforce will be completely mobile and will demand a cyber defense solution that travels with them,” said Greg Clark, Symantec chief executive. “Mobile is a core component of our strategy and the acquisition of Skycure is a major step forward in executing it. Together, we will offer the cloud generation an integrated mobile cyber defense architecture that will protect customers’ mobile devices and networks across iOS, Android and Windows.”

Symantec also said that gaining access to Skycure’s technology will help position the company to serve as a strategic partner for telecommunications companies looking to build out mobile security offerings for their end users. 

Skycure ended up founded by two former members of Israel Defense Forces’ Unit 8200.

Financial terms were not immediately available.

In the other deal, Fireglass is known for its browser isolation technology that’s used to combat ransomware, malware and phishing threats.



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