Mobile security is becoming more important than ever, and that is certainly apparent in the acquisitions market. Mobile security company Optio Labs has acquired smaller Maryland-based mobile security company Oculis Labs, which will afford greater data security solutions for multiple institutions.
The acquirement also signals a career move for Oculis founder Dr Bill Anderson, who will become the company’s chief product officer.
Oculis labs main function is to safeguard a user’s computer and mobile data. Their major consumer products are protection software programmes PrivateEye and Chameleon.
The acquisition signals a much greater development for online protection. Optio have gained Oculis’ security software products, intellectual property and patents, as well as the integration of the development team allowing for an expansion with Optio’s data security department.
‘‘This merger of technologies – combining data from the real, tangible world with information derived from within a device – will help corporations achieve balance between security and efficiency, and remove the limits to employee productivity,’’ said Dr Anderson, who will become the third senior to join Optio since December.
There’s more signs of consolidation in the crowded European payments space with news that Stockholm-based iZettle is buying a company called intelligentpos.
MasterCard has bought Vocalink for £700m ($920m) in a deal that has been rumoured for months.
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In a sign of the increasing importance of optimising the value of online and offline customer interactions and understanding multichannel customer analytics, UK venture builder Blenheim Chalcot is snapping up customer journey analytics firm iJento.