Major Mobility Milestone for Symantec
by Rob Greer, vice president of product management, Endpoint and Mobility Group, Symantec
Today’s date marks a major mobility milestone for Symantec for two reasons:
- We announced today that we have signed a definitive agreement to acquire Nukona, Inc., a privately-held provider of mobile application management (MAM).
- Key Symantec executives will be at NASDAQ in New York City today to discuss the various trends surrounding mobility.
Symantec Acquires Nukona
With unprecedented growth rates surrounding the adoption of mobile devices and apps, our customers are faced with the daunting task of protecting and managing the native apps, data and environment of these devices. The acquisition of Nukona by Symantec will allow us to further help our customers deal with the challenges that the “Consumerization of IT” and “Bring Your Own Device” trends present them. Nukona will extend Symantec’s enterprise mobility portfolio to include a cross-platform mobile application protection solution to help IT organizations protect and isolate corporate data and applications across both corporate owned and personally owned devices.
The acquisition of Nukona complements our acquisition earlier this month of Odyssey Software, a leading provider of mobile device management (MDM). Odyssey provides the MDM foundation to enroll and manage all necessary device settings across a broad range of platforms, while Nukona provides an innovative approach to help enterprises seamlessly distribute, secure and control applications and data without requiring them to manage the devices. By offering both MDM and MAM across multiple platforms, we will enable CIOs to say “yes” to the onslaught of digital natives – people born in a world of connectivity – demanding to use devices and apps of their choice. Symantec will help customers secure enterprise critical mobile apps and data while managing and protecting them with policies, including authenticating users, encrypting sensitive files, preventing data leakage and selectively wiping corporate data.
With Nukona’s ability to natively protect and control iOS, Android and HTML5 apps, Symantec will address the core problem of corporate and personal data separation without limiting the end-user experience or application adoption. By securely distributing and managing mobile applications and content, our customers will be able to address corporate data security concerns around data leakage, encryption and authentication on a per-application basis, for both BYOD and corporate-owned devices.
Unlike traditional proprietary sandbox solutions, our approach will extend application protection that “wraps” both native and web-based apps with a management layer that allows IT to apply security policies without requiring any changes to the applications, leaving personal apps and activities untouched. In addition, the flexibility of cloud-based and on-prem enterprise app stores helps provide a seamless and scalable way to enable mobile application deployments. Nukona’s secure content library also allows for the protection and synchronization of documents without risk of data loss.
The transaction for Nukona is expected to close in April and is subject to customary closing conditions. The financial terms of the acquisition are not being disclosed. More information on both acquisitions can be found at http://go.symantec.com/Nukona_Odyssey.
Symantec Talks Mobility at NASDAQ
As mentioned, Symantec will be at NASDAQ in New York City today to discuss mobility. At the center of the day’s events is a one-hour CIO Forum titled, “Protecting Your Information: Addressing the New Mobile Reality.” Symantec Chief Strategy Officer and SVP Angela Tucci will kick off the hour long forum with an overview of Symantec’s recently released 2012 Mobility Survey.
Following her presentation, Angela will join three Symantec customers in a panel where they will discuss mobile strategies, the implications of some of the findings from the survey, and more. Panel members include Barak Shrefler, Chief Security Officer at Hadassah University Hospital, Steve Dotson, Director of Information Security at Travelport, and Frank McGinnis, Vice President of Systems Engineering & Support at Broadridge Financial Solutions Inc.
The day’s events will conclude with Angela ringing the closing bell at NASDAQ OMX. Approximately 70 senior and C-level Symantec customers from the New York City area will attend the CIO forum and participate in the closing bell activities. The event will be broadcast live via video webcast and then made available for on-demand consumption afterwards.