Symantec Bolsters Mobile Security With Skycure Acq
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Posted On: 07/12/2017 8:31:16 AM
Symantec Bolsters Mobile Security With Skycure Acquisition
By: Sean Michael Kerner | July 11, 2017
Symantec makes its second acquisition in two weeks, adding critical mobile operating system security capabilities, including Apple iOS.
Symantec Skycure
Symantec today announced that it is acquiring privately held mobile security vendor Skycure. With the acquisition, Symantec is getting Skycure's Mobile Threat Defense Platform, which provides organizations with multiple security capabilities, including Mobile Active Protection that helps secure devices with real-time protection. Skycure's platform also provides an on-demand app analysis capability called the Mobile App Reputation Service (MARS).
Financial terms of the deal for Skycure, which had raised approximately $27.5 million in venture funding since the company was founded in 2012, are not being publicly disclosed.
"The approach that Skycure has taken to secure mobile operating systems is something that will stand the test of time and is a very innovative approach," Greg Clark, CEO of Symantec, told eWEEK.
Skycure's technology has the ability to find mobile malware that other mobile security technologies cannot, he said. Symantec already has several mobile security technologies in its product portfolio and Clark sees Skycure as being complementary to them, providing extended capabilities.
By: Sean Michael Kerner | July 11, 2017
Symantec makes its second acquisition in two weeks, adding critical mobile operating system security capabilities, including Apple iOS.
Symantec Skycure
Symantec today announced that it is acquiring privately held mobile security vendor Skycure. With the acquisition, Symantec is getting Skycure's Mobile Threat Defense Platform, which provides organizations with multiple security capabilities, including Mobile Active Protection that helps secure devices with real-time protection. Skycure's platform also provides an on-demand app analysis capability called the Mobile App Reputation Service (MARS).
Financial terms of the deal for Skycure, which had raised approximately $27.5 million in venture funding since the company was founded in 2012, are not being publicly disclosed.
"The approach that Skycure has taken to secure mobile operating systems is something that will stand the test of time and is a very innovative approach," Greg Clark, CEO of Symantec, told eWEEK.
Skycure's technology has the ability to find mobile malware that other mobile security technologies cannot, he said. Symantec already has several mobile security technologies in its product portfolio and Clark sees Skycure as being complementary to them, providing extended capabilities.
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Get .... PrivacyLok https://cyberidguard.com/
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