Siris Capital completes purchase of Juniper Networks® Junos® Pulse Business and BYOD Innovator MobileSpaces
San Jose, California, October 1, 2014 – Siris Capital today announced that it has completed its acquisition of the Junos Pulse business from Juniper Networks, the industry leader in network innovation, and incorporated that business under the name, Pulse Secure, LLC. Siris Capital will continue to operate and invest in Pulse Secure as an independent company with the mission to empower business productivity through secure and seamless mobility. Concurrent with the completion of the Junos Pulse acquisition, Pulse Secure has completed the acquisition of MobileSpaces, a leading provider of mobile security for the app-centric enterprise.
Pulse Secure, which has more than 200 patents related to the portfolio in secure access and mobile security, will continue to innovate across its market-leading product portfolio, including the Pulse VPN solution, the Pulse network access control (NAC) gateway, Pulse’s mobile security solutions and branded endpoint clients that run on Windows, Windows Phone, Mac OS X, iOS, Linux and Android. Industry veterans and Siris Executive Partners Alfred Zollar and Andrew Monshaw will lead Pulse Secure, serving in the roles of Chairman and CEO, respectively.
“We are excited to launch Pulse Secure as an independent company. It begins operations with a unique combination of assets, from network infrastructure to mobile technologies,” Zollar said. “Most importantly, we’re building upon this business with more than 200 employees who are leading security experts in VPN, NAC and mobile.”
With the successful closure of the sale and formation of Pulse Secure, Rami Rahim, executive vice president and general manager, Juniper Development and Innovation, said, “This is an exciting day for Pulse Secure and we look forward to our partnership moving forward. Juniper remains committed to ensuring customers and partners experience a seamless transition and see no interruptions in sales or support.”
Pulse Secure will focus on two strategic priorities. First, extending its products’ best-in-class market leadership in the VPN and NAC markets, and second, investing in capturing the emerging market opportunity to enable enterprise network mobility via unified management that includes cloud-based delivery of policies to appliances and mobile devices. The MobileSpaces acquisition underpins Pulse Secure’s commitment to the continued investment in its strategy to create a unified user experience for remote and on-campus mobility that spans PCs and mobile devices with central policy and administration.
“Pairing MobileSpaces’ BYOD workspace with our VPN and network-access control products ushers in the next-generation workforce by giving them easy, yet secure, mobile access to the services and applications they need,” said Monshaw. “We’re thrilled to be bringing MobileSpaces’ innovative products and people to the new Pulse Secure.”
About Pulse Secure
Pulse Secure, LLC is a leading provider of access and mobile security solutions to both enterprises and service providers. Enterprises from every vertical and of all sizes utilize the company’s Pulse virtual private network (VPN), network access control and mobile security products to enable end user mobility securely and seamlessly in their organizations. Pulse Secure’s mission is to enable open, integrated enterprise system solutions that empower business productivity through seamless mobility. www.pulsesecure.net
About MobileSpaces
MobileSpaces helps enterprises mobilize their applications and services, govern their data, and respect the privacy of their employees. MobileSpaces offers a BYOD policy-managed workspace that protects mobile enterprise apps and data against loss and leakage. Founded in 2011 (as CellSec) by experienced enterprise security executives and engineers from McAfee and Check Point Software, MobileSpaces is headquartered outside of Washington, DC, has offices near Tel-Aviv, Israel. www.mobilespaces.com
About Siris Capital
Siris Capital is a leading private equity firm focused on making control investments in data, telecommunications, technology and technology-enabled business service companies in North America. Integral to Siris’ investment approach is its partnership with exceptional senior operating executives, or Executive Partners, who work exclusively with Siris to identify, validate and operate investment opportunities. Their significant involvement allows Siris to partner with management to add value both operationally and strategically. www.siriscapital.com
Contacts:
Siris Capital
Philip Lo
Director
212-231-0096
lo@siriscapital.com
Pulse Secure
Chris Roeckl
VP, Marketing
408-480-0024
croeckl@pulsesecure.net