Cyber Security Company Symantec Acquires Mobile App Security Provider Appthority
November 6, 2018
Cyber security company Symantec has acquired mobile app security provider Appthority. Symantec has global headquarters in Mountain View, California, United States. The company is recognized as a leading provider of services that protect against cyber threats. It operates the world’s largest cyber intelligence networks and its services are used by enterprises and individual users globally. Symantec’s acquisition of Appthority is intended to enhance its ability to protect mobile applications from a range of vulnerabilities. Financial aspects of the deal were not released.
Appthority, which has headquarters in San Francisco, California, United States, was established in 2011. The company bills itself as “a pioneer in enterprise mobile security and the leader in the Mobile Threat Defense category”. Its proprietary ‘Appthority Mobile Threat Protection’ (MTP) allows users to secure private data from a broad spectrum of mobile device, app and network threats. It also offers “comprehensive Mobile Application Security Analysis” that will allow Symantec users to “analyze mobile apps for both malicious capabilities and unsafe and unwanted behaviors”. Appthority’s customers include a number of Fortune 1000 companies. Symantec’s acquisition of the company underscores its commitment to the protection of current endpoints and operating systems.
“Mobile users increase the enterprise attack surface with each app they install,” explained Appthority’s co-founder Domingo J. Guerra. “This acquisition unites Appthority with Symantec’s comprehensive endpoint security portfolio, which is the first solution on the market that can protect all traditional and modern endpoints and now apps.”