Ivanti has completed the acquisition of Pulse Secure and MobileIron

2021-01-05 - Admin Sysware

Ivanti to acquire Pulse Secure

Pulse Secure to become an Independent Subsidiary of Ivanti

 

Ivanti, Inc. (“Ivanti”), which automates IT and Security Operations to discover, manage, secure and service from cloud to edge, and is backed by affiliates of Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates, today announced it has signed definitive agreements to acquire MobileIron Inc. (“MobileIron”), a leading provider of mobile-centric unified endpoint management solutions, and Pulse Secure LLC (“Pulse Secure”), a leading provider of secure access and mobile security solutions.

Pulse Secure has signed a definitive agreement to be acquired by Ivanti, a leading provider of solutions that automates IT and Security Operations to discover, manage, secure and service from cloud to edge. Ivanti is backed by affiliates of by Clearlake and TA Associates, two leading private equity firms with extensive management and technology expertise. The transaction remains subject to customary closing conditions including antitrust regulatory approval.

With the support of Ivanti, Clearlake and TA Associates, we are well positioned to further accelerate our journey of Secure Access for Hybrid IT in a World of Zero Trust. We expect this transaction to complete in the first quarter of 2021 and it remains business as usual at Pulse Secure. There are no planned changes in terms of our priorities, nor how we operate the business as a result of this announcement.

Additional Information

Who is Ivanti and why is Ivanti acquiring Pulse Secure? Is Ivanti’s and Pulse’s mission aligned?

• Ivanti is an IT software company headquartered in Utah. Ivanti provides solutions for IT Service Management, IT Asset Management, Endpoint Security, supply chain management and more to global enterprise customers.
• Ivanti’s strengths are discover (visibility), secure and service. Simple and unified user experiences are cornerstones of Ivanti’s solutions. These strengths and focus on superior user experience are consistent with the value proposition we deliver to enterprises and service providers.

Will this transaction impact Pulse Secure’s product and service offerings?

• Our focus remain on Secure Access solutions for Hybrid IT in a world of Zero Trust. As part of Ivanti, there are significant opportunities to further expand our mission and portfolio.
• We do not expect any immediate changes to the way our business operates and supports our customers and partners. Pulse Secure’s customers and partners should not anticipate any operational impact; points of contact and services will remain the same, and all current business agreements will remain in place.

What is the value that both Pulse Secure and MobileIron bring to Ivanti?

• The acquisition of Pulse Secure and MobileIron offer Ivanti complementary businesses and solutions to further IT service delivery optimization and security as enterprises take advantage of distributed workplace, mobile and cloud computing trends.
• The union between Ivanti, MobileIron, and Pulse Secure creates a unique platform with significant capabilities, brings to bear a highly experienced management team, and enhances the resources available to invest in the next generation of products.

 

Pulse Secure will operate as an independent, separate business unit of Ivanti after the closing. Additional details of the transaction announcement can be found in the  http://bit.ly/2KEe2c0