US-based telco Cradlepoint, part of Ericsson (Nasdaq: ERIC), has announced that it has acquired Ericom Software, which will fuel Cradlepoint’s strategy of building a full-stack enterprise security service optimised for 5G. No figure was disclosed in the deal announcement.
Ericom’s zero trust and cloud-based security solutions will form the basis of the new Cradlepoint NetCloud Threat Defense cloud service, expanding the company’s mobile-capable and router-integrated SASE and zero trust portfolio of solutions for fixed-site, remote worker, in-vehicle and IoT use cases.
"Networking and security are rapidly merging within the enterprise, and the cloud is increasingly leveraged as the preferred SASE delivery mechanism," says Will Townsend, vice president and principal analyst of networking and security at Moor Insights & Strategy. "Cradlepoint's acquisition of Ericom and its zero trust security capabilities should position the company well to capitalise, especially in organisations considering a 5G-centric deployment approach."
Ericom leveraged its deep expertise in remote access and cloud-delivered web security technologies to develop its security solution. It provides organisations with a broad set of integrated security controls aligned with providing the security aspects of Gartner’s Secure Access Service Edge (SASE) framework, including secure web gateway (SWG), remote browser isolation (RBI), cloud access security broker (CASB), zero-trust network access (ZTNA), and more.
"The combination of Cradlepoint’s expertise in enterprise networking and Ericom’s innovative SSE and zero trust security solutions will create a powerful capability to meet the increasing demand for cloud-based secure network solutions,” says David Canellos, CEO of Ericom. “The acquisition enhances our ability to meet the cybersecurity needs of global enterprises as they accelerate their rapid adoption of 5G technologies. We look forward to this exciting new chapter and its opportunities."
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