Akamai, an edge platform provider, has acquired mobile, Internet of Things (IoT) and security solutions provider Asavie in an all-cash transaction. The company will use Asavie's solutions to expand its 5G security strategy and explore ways to protect mobile and cellular devices against evolving cyber threats, according to a prepared statement.
This is M&A deal number 439 that MSSP Alert and sister site ChannelE2E have covered so far in 2020. See the full M&A deal list here.
With the acquisition, Akamai will incorporate Asavie's solutions into its Security and Personalization Services (SPS) product line, the companies said. This ensures that Akamai's carrier partners can embed Asavie's solutions into technology bundles sold to their subscribers.
The Asavie acquisition also will help Akamai's carrier partners address customer demand for IoT and mobile device security and management services, Akamai CEO Tom Leighton stated. It could help Akamai capitalize on the rising demand for 5G security solutions as well.
A Closer Look at Asavie
Asavie automates the creation of self-service, private, network-based services that secure access from mobile and Internet-connected devices to applications and data without requiring client software, the company said. In doing so, Asavie helps organizations in healthcare, financial services, education and other sectors secure their remote environments.
In addition, Asavie offers the Connected Partner Program to MSPs, MSSPs, technology vendors, solution providers and systems integrators. Channel partners can join the Connected Partner Program to leverage Asavie's solutions to deliver secure mobile access to organizations on any network, the company indicated.
Mobileum Acquires SIGOS for 5G Security
Along with Akamai's acquisition of Asavie, analytics solutions provider Mobileum in July purchased SIGOS to help mobile operators perform 5G and IoT network security testing. Mobileum and SIGOS have a combined team of over 1,800 employees who serve more than 750 telecom operators globally.
5G networks are susceptible to cyberattacks, and many organizations are planning accordingly. Meanwhile, MSSPs can offer security services to help organizations monitor and manage 5G network infrastructure and data.
