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Enea to Acquire AdaptiveMobile Security for €45m

Enea to Acquire AdaptiveMobile Security for €45m Image Credit: AdaptiveMobile Security

Enea has signed an agreement to acquire AdaptiveMobile Security, a leading provider of security solutions for mobile networks  in a deal worth €45m.

AdaptiveMobile Security delivers software and services for messaging and signaling security in mobile core networks. The company’s products protect mobile networks, their subscribers, and their data from all types of network-borne attacks. Messaging security prevents unwanted traffic which can be linked to security threats, service abuse, or revenue loss. The purpose of signaling security is to prevent cyberattacks exploiting signaling traffic. The offering is a combination of carrier-grade signaling firewalls, reporting, and advanced monitoring. 

 

According to Enea, AdaptiveMobile Security’s products and services have been deployed by more than 80 mobile operators globally. The two main customer segments are mobile operators and providers of communication platforms. More than half of its revenue is recurring, and the solutions are sold as software licenses, managed services, or cloud services. 

AdaptiveMobile Security will continue to operate under its current brand as a new business unit within Enea and will be headed by Brian Collins. 

Jan Häglund, President and CEO of Enea
As the global leader in mobile network security, AdaptiveMobile Security expands our market presence and broadens our offering to operators, creating interesting opportunities in areas such as 5G security.

Brian Collins, CEO of AdaptiveMobile Security
We are thrilled to become part of Enea, a well-respected leader in the telecommunications and security markets. We are aligned on market strategy and can leverage product synergies that will drive market and customer penetration.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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