Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Funding/M&A

Jamf to Acquire Wandera for $400 Million to Bring Zero Trust to Apple Ecosystem

Acquisition will extend Jamf’s Zero Trust Network Access, threat defense and data policy enforcement for Apple devices

Acquisition will extend Jamf’s Zero Trust Network Access, threat defense and data policy enforcement for Apple devices

Jamf (NASDAQ: JAMF), a provider of enterprise management software for Apple devices, has signed a definitive agreement to acquire Wandera, a provider of zero trust cloud security and access for mobile devices, in a deal valued at $400 million in cash.

As an “Apple-first provider”, Wandera expands Jamf’s offerings, and will add Zero Trust Network Access (ZTNA), mobile threat defense and data policy features to Jamf’s Apple Enterprise Management platform.

“In order to lead Apple Enterprise Management and best serve the growing number of organizations using Apple at work, Jamf needs to fill the gap between what users want and what the enterprise requires,” said Dean Hager, CEO, Jamf. “The combination of Wandera and Jamf will provide our customers a single source platform that handles deployment, Application Lifecycle Management, policies, filtering, and security capabilities across all Apple devices while delivering Zero Trust Network Access for all mobile workers.”

According to IDC’s 2020 U.S. enterprise survey, use of macOS devices in the enterprise is growing, with the average penetration of macOS devices around 23%, compared to 17% in 2019. Additionally, iPhones account for 49% of smartphones used in enterprises. 

With the shift to increasingly remote workforces, Gartner predicts that by 2023, 60% of enterprises will phase out their traditional VPNs in favor of a ZTNA solution.

The transaction is expected to close during the third quarter of fiscal year 2021.

Jamf has made other acquisitions to expand its capabilities, including the technical assets of cmdSecurity in March 2021, which included the macOS security and compliance suite cmdReporter.

Advertisement. Scroll to continue reading.

It also acquired Digita Security in 2019, a security company co-founded by a macOS security expert Patrick Wardle.

Back in 2018 it acquired NoMAD, an open source and commercial set of software products to simplify the Mac administration process.

Jamf announced the acquisition of Wandera during its Q1 2021 fiscal results, where it announced that Q1 total revenue grew 34% year-over-year to $81.2 million, and annual recurring revenue grew 37% year-over-year to $308 million as of March 31, 2021.

Wandera had an annual recurring revenue of approximately $25 million as of March 31, 2021. 

Related: Repurposing Mac Malware Not Difficult, Researcher Shows

Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Understand how to go beyond effectively communicating new security strategies and recommendations.

Register

Join us for an in depth exploration of the critical nature of software and vendor supply chain security issues with a focus on understanding how attacks against identity infrastructure come with major cascading effects.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Identity & Access

Zero trust is not a replacement for identity and access management (IAM), but is the extension of IAM principles from people to everyone and...

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...

Funding/M&A

Thirty-five cybersecurity-related M&A deals were announced in February 2023

Funding/M&A

Forty-one cybersecurity-related M&A deals were announced in March 2023.