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.
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.