Symantec to buy mobile app management firm Nukona

Symantec is to acquire Nukona, a mobile application management software company, in the hope it will bolster the security giant's mobile device scope in the 'BYOD' era.
Written by Zack Whittaker, Contributor

Security giant Symantec said this morning it has agreed to acquire Nukona Inc., a California-based mobile application management software.

The terms of the acquisition were not disclosed. The acquisition is expected to close in April, without the need for U.S. regulatory backing.

Nukona software works across platforms, including popular favourites of Android and iOS, but also HTML5 applications. It also enables companies to set up their own mobile and enterprise application stores.

In acquiring Nukona, the security and antivirus giant seeks to improve and extend its enterprise mobility portfolio to include a cross-platform mobile application solution, giving organisations the ability to protect and isolate corporate data across work and personal devices under BYOD ("bring your own device") schemes.

Bash that together with the previous acquisition of Odyssey Software earlier this month, it paves the way for Symantec to bring its protection software to mobile devices.

"As the adoption of mobile devices and apps continues to grow at an unprecedented rate, one of the biggest challenges for customers is to protect and manage the native apps, data and environments of these devices," said CJ Desai, senior vice president, Endpoint and Mobility Group, Symantec.

"The acquisition of Nukona helps us further address the 'Consumerization of IT' and 'Bring Your Own Device' trends by helping organizations protect and isolate corporate data and applications across both corporate owned and personally owned devices," Desai added.

In September, Nukona announced it had received funds backing of an unspecified size led by angel investors and the Citrix Startup Accelerator program, allowing the company to accelerate the growth of its flagship product line.

Symantec has not had the best time as of late. Hacking collective Anonymous leaked the source code for its legacy 2006 Norton Anti-Virus product earlier this month, something the company distanced itself from. Also, a class action suit against the company accuses it of using "scareware" tactics to push trial users into purchasing the full copy of the software.

Image source: Nukona.


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