Symantec to acquire Nukona

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Deal finalised in April.

Symantec is to acquire mobile application management vendor Nukona to increase its mobility portfolio.

The company claimed that the acquisition will extend its enterprise mobility portfolio to include a cross-platform mobile application protection solution. This will reportedly help IT organisations protect and isolate corporate data and applications across both corporate owned and personally owned devices.

Following the acquisition of mobile device management vendor Odyssey Software, Symantec said that Nukona will provide an innovative approach to help enterprises distribute, secure and control applications and data without requiring them to manage the devices.

Symantec said that the plan is to extend application protection that ‘wraps' both native and web-based apps with a management layer that allows IT to apply security policies without requiring any changes to the applications. This will leave personal apps and activities untouched.

In addition, as Nukona's secure content library allows for the protection and synchronisation of documents. Symantec will distribute and manage mobile applications and content to address corporate data security concerns around data leakage, encryption and authentication on a per-application basis, for both personal and corporate owned devices.

CJ Desai, senior vice president of the endpoint and mobility group at Symantec, said: “As the adoption of mobile devices and apps continues to grow at an unprecedented rate, one of the biggest challenges for customers is to protect and manage the native apps, data and environments of these devices.

“The acquisition of Nukona helps us further address the ‘Consumerisation of IT' and ‘Bring Your Own Device' trends by helping organisations protect and isolate corporate data and applications across both corporate owned and personally owned devices.”

The transaction is expected to close in April and is subject to customary closing conditions. The financial terms of the acquisition are not being disclosed.

This article originally appeared at scmagazineuk.com

Copyright © SC Magazine, US edition


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