Announced
Financials
Sources
Tags
security solutions
Security Equipment
Private
Domestic
United States
Majority
Pending
Private Equity
Acquisition
endpoint management solutions
Single Bidder
Friendly
Synopsis
Clearlake Capital and TA Associates-backed Ivanti, an IT software company, agreed to acquire Pulse Secure, a provider of secure access and mobile security solutions, from Siris Capital. Financial terms were not disclosed. "Siris has been a committed partner working side-by-side with us throughout our journey, and we are grateful for the team's support and added value to our business. As it relates to the future of work, Ivanti shares our belief that 'Remote is the New Normal' and our commitment to building Secure Access solutions that offer simple and unified user experiences. We are excited to join the Ivanti family alongside MobileIron and look forward to utilizing the resources that Clearlake and TA Associates provide to further establish our position as a Secure Access leader for Hybrid IT environments in a world of Zero Trust," Sudhakar Ramakrishna, Pulse Secure CEO.
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