Splashtop's Profitable Growth Post Foxpass Acquisition
Splashtop’s Remarkable Growth After Acquiring Foxpass
Splashtop, a forefront leader in remote solutions, has recently reported an impressive 62% surge in new business related to Foxpass since acquiring the company. This growth highlights the effectiveness of Foxpass Cloud RADIUS, a solution designed to enhance corporate Wi-Fi security and comply with significant federal mandates.
Impact on Corporate Security
The Foxpass Cloud RADIUS solution stands out in its ability to protect corporate networks against unauthorized access and various cyber threats. With substantial investments in enhancing the product, Splashtop has not only strengthened its defenses but also extended its reach into new markets. This strategic approach promises to help organizations transition towards a zero trust security model.
Transforming the Educational Sector
Recent statistics indicate a staggering 70% increase in cyberattacks targeting educational institutions. Splashtop’s acquisition of Foxpass has positioned it to address these challenges actively. By tailoring solutions that cater specifically to the education sector, they are enabling schools and colleges to fortify their security posture, ensuring the safety of both students and staff.
Enhancing Security Measures
The transformation into secure, certificate-based authentication has never been more critical. A network administrator from LL Schools expressed satisfaction with the cloud-based RADIUS server after its seamless integration with existing systems, significantly improving secure access management across a vast number of users.
Global Expansion and Market Penetration
Splashtop's acquisition has undeniably paved the way for international growth. By ensuring its Foxpass Cloud RADIUS solutions meet stringent ISO and GDPR standards, the company has successfully positioned itself to penetrate European and Asia Pacific markets. This global expansion has led to a 10% increase in new business, demonstrating the effectiveness of their strategic efforts in this realm.
Launch of New Features
In alignment with their goal of enhancing user experience, Splashtop has focused on enriching the Foxpass Cloud RADIUS product with vital features:
- BYOD Access Control—A new system that supports unmanaged devices allows for secure connections in varying environments.
- Microsoft Intune Compatibility—This integration ensures smooth deployment while enhancing user experience with automated settings.
- Security and Compliance—Businesses can now meet rigorous cybersecurity requirements, safeguarding themselves against potential data breaches.
- Quick Setup and Maintenance—The streamline process allows organizations to save valuable time during deployments, promoting efficiency.
The Future of Splashtop
Mark Lee, co-founder and CEO of Splashtop, emphasized the continuing need for intelligent, secure access solutions in an evolving cybersecurity landscape. The commitment to enhancing Foxpass's capabilities reflects their dedication to addressing the growing complexities organizations face today. Splashtop’s innovative security offerings position it well as a leader in providing comprehensive remote access solutions.
Frequently Asked Questions
What is the primary benefit of Splashtop’s acquisition of Foxpass?
The acquisition has resulted in a 62% increase in new business for Splashtop, particularly through enhanced security solutions.
How does Foxpass Cloud RADIUS improve corporate security?
It safeguards Wi-Fi network access, ensuring compliance with federal regulations and preventing unauthorized access.
Which sector is gaining the most from Splashtop's recent developments?
The educational sector is seeing significant benefits, particularly in safeguarding against cyber threats.
What features enhance user experience in Foxpass Cloud RADIUS?
New features include BYOD access, Microsoft Intune integration, and automated onboarding processes for users.
How is Splashtop expanding its global presence?
By ensuring compliance with international standards, Splashtop is successfully entering European and Asia-Pacific markets.
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