Ivanti Inc., a South Jordan IT automation and security company, has acquired two companies, the firm has announced. MobileIron, a provider of mobile-centric unified endpoint management solutions based in Mountain View, California, and San Jose, California-based Pulse Secure LLC, a provider of secure access and mobile security solutions, will join the Clearlake Capital Group and TA Associates-backed Ivanti.
“We are excited to welcome the MobileIron and Pulse Secure teams into the Ivanti family,” said Jim Schaper, Ivanti chairman and CEO. “Our intelligent experience platform will power business through hyper-automation and secure connections on every device, for any user, wherever and however they work. This enables our customers to collaborate and innovate more freely, while reducing the risk of data breaches and enhancing employee experiences. We have a tremendous opportunity ahead of us, and I’m very excited for the future.”
By bringing MobileIron and Pulse Secure into the Ivanti portfolio, organizations will be able to proactively and autonomously self-heal, self-secure and self-service devices in the “everywhere enterprise” and deliver better user experiences and outcomes, Ivanti said.
Under the terms of the agreement with MobileIron, Ivanti acquired all outstanding shares of MobileIron common stock for a total value of approximately $872 million. MobileIron shareholders approved the acquisition at a special stockholder meeting on Nov. 24.
Pulse Secure was acquired from affiliates of Siris Capital Group LLC. The terms of the Pulse Secure transaction were not disclosed.