Cybersecurity organization Lookout, Inc. has announced the acquisition of CipherCloud as it seeks to build an built-in endpoint-to-cloud security remedy.
The offer will permit Lookout to secure CipherCloud remedies as element of its product or service portfolio. This includes answers that span building SASE categories, including Cloud Access Security Broker (CASB), Zero-Have confidence in Network Entry (ZTNA), Secure Web Gateway (SWG) and Knowledge Reduction Avoidance (DLP).
Lookout aims to blend these SASE systems with its cell endpoint security in purchase to protected organizations’ total knowledge paths from endpoint to cloud. The want for this kind of built-in resolution has amplified as a consequence of the shift to distant operating in the past 12 months, in accordance to the vendor. The increase in remote consumers, adoption of cloud applications, data relocating from the corporate details center to the cloud and extra network website traffic flowing to cloud services poses new cybersecurity troubles, with a unified solution to track activity and enforcing policies required to protected an complete information route.
Lookout also noted the acquisition will empower it to enter the fast increasing SASE industry, which is predicted to develop at a CAGR of 42% in excess of the future 5 decades.
Jim Dolce, CEO, Lookout, commented: “We couldn’t be far more fired up to welcome the CipherCloud group to Lookout. Our two organizations share a frequent enthusiasm for accelerating cloud adoption with cloud-indigenous methods that safe mission-critical details.
“Joining forces with CipherCloud is the future stage of our business marketplace enlargement, extending our arrive at from the endpoint into the cloud exactly where the purposes and information reside. By means of this mix, we will supply endpoint-to-cloud security by tying alongside one another things of our individual methods into a single cloud-delivered featuring.”
As portion of the agreement, CipherCloud will run underneath Lookout brand and management, and its founder and CEO, Pravin Kothari, will be part of Lookout as EVP, merchandise and system, SASE.
Kothari stated: “As a pioneer of the Cloud Access Security Broker industry, CipherCloud has enabled businesses all-around the earth to obtain their electronic transformation. Nowadays, we just take the thrilling future action on the road to SASE by integrating our strengths with individuals of Lookout to deliver endpoint-to-cloud security for the modern-day workforce.”
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