Apple support service provider Jamf recently announced that it will acquire Wandera, a company that specializes in providing cloud-based software for “zero trust” security in a deal worth $400 million.
Jamf said the deal will be paid in cash and debt will prompt the company to pay $350 million upfront to Wandera.
In addition, an additional $50 million fee will be paid in two installments later in the year.
Jamf CEO Dean Hager stated that the acquisition of Wandera “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.”
For more information, read the original story in ZDnet.