Symantec scores TouchDown with NitroDesk acquisition

Contact: Scott Denne Chris Hazelton

Three secure mobile email businesses have been acquired in the past two weeks –first Google bought Divide at a stunning multiple, then LANDesk purchased LetMobile, and now Symantec has reached for NitroDesk, the maker of TouchDown. While none of these deals will add much to the top line, they are an opportunity to add an important product to the acquirer’s mobile device management suites, while delivering a jab to the competition.

Providing secure email is becoming essential for enterprise mobility management (EMM) as usage begins to shift away from managing the device and toward managing applications as more employees use their personal mobile devices for work.

Despite that shift, few mobile management vendors have built their own secure email product, choosing instead to partner with companies like NitroDesk. Symantec, for example, had partnered with NitroDesk to fill this gap, as did several other providers that could now find themselves temporarily locked out of this corner of EMM.

For more real-time information on tech M&A, follow us on Twitter @451TechMnA.

Posted in M&A