Jamf completes acquisition of ZecOps, extending its mobile security capabilities by adding advanced detections and incident response for iOS

Rhea-AI Summary

Jamf (NASDAQ: JAMF) has successfully acquired ZecOps, a leading mobile detection and response provider, enhancing its capacity to bolster mobile security for organizations. This acquisition will streamline mobile security investigations and address the rising threats from sophisticated cyber attacks. Dean Hager, CEO of Jamf, highlighted that ZecOps' capabilities complement Jamf's existing platform, providing a deeper level of security insights. The deal aligns with the growing trend of mobile device usage in corporate environments, with mobile devices now accounting for 59% of global web traffic.

Positive

• Enhances Jamf's mobile security capabilities with ZecOps' advanced detection and response technology.
• Streamlines mobile security investigations, reducing time from weeks to minutes.
• Addresses increasing mobile attack threats, aligning with the trend of rising mobile device usage in the workplace.

Negative

• Integration challenges may arise post-acquisition, impacting operational efficiency.
• Potential risks in retaining key ZecOps personnel and maintaining customer relationships.

MINNEAPOLIS, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in Apple Enterprise Management, today announced it has completed the acquisition of ZecOps, a leader in mobile detection and response.

This acquisition uniquely positions Jamf to help IT and security teams strengthen their organization’s mobile security posture, accelerate mobile security investigations from weeks to minutes, leverage known indicators of compromise (IOC) at-scale, and identify sophisticated 0 or 1 click attacks on a much deeper scale.

“ZecOps’ market-leading mobile detection and response capabilities are a great fit for the Jamf platform,” said Dean Hager, CEO, Jamf. “ZecOps’ ability to thoroughly detect and investigate threats that target mobile users further propels our goal of keeping employees productive and secure no matter what device they use for work.”

Mobile devices now account for 59% of global website traffic, and according to the 2022 Verizon Mobile Security Index, close to half (45%) of companies said that they have suffered a compromise involving a mobile device in the past 12 months.

ZecOps will bring important capabilities to the Jamf platform to help address the growing trend of targeted mobile attacks. Jamf offers robust management and mobile security capabilities for iOS devices; however, access to deeper insights into potential security exploits is technically challenging and requires physical access to the device, which is difficult in a remote work environment. ZecOps is a robust, unparalleled solution that provides the deepest layer of insight and assurance for security-conscious customers with high-value targets that need something more. ZecOps provides the same level of visibility currently available for macOS through Jamf Protect but for iOS, making it capable of detecting the kinds of sophisticated mobile threats that Apple’s Lockdown mode aims to prevent. 

About Jamf
Jamf’s purpose is to simplify work by helping organizations manage and secure an Apple experience that end users love and organizations trust. Jamf is the only company in the world that provides a complete management and security solution for an Apple-first environment that is enterprise secure, consumer simple and protects personal privacy. To learn more, visit www.jamf.com.

About ZecOps
ZecOps develops the world’s most powerful platform to discover and analyze mobile cyber attacks. Used by world-leading enterprises, governments and individuals globally, ZecOps Mobile Detection and Response platform provides a realistic and scalable approach to mobile threat hunting. ZecOps enables automated discovery of 0-day attacks and Advanced Persistent Threats (APTs), delivering anti cyber-espionage capabilities within minutes.

Forward-Looking Statements
This release relates to the acquisition of ZecOps, Inc. (“ZecOps”) by Jamf Holding Corp. (“Jamf”, “we”, our” or “us”). This release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, regarding the anticipated benefits of the acquisition, and the anticipated impacts of the acquisition on our business, products, financial results, and other aspects of our and ZecOps’ operations. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “should,” “can have,” “likely,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. These risks, uncertainties, assumptions, and other factors include, but are not limited to: our ability to retain key ZecOps personnel or maintain relationships with its customers, vendors, developers, community members, and other business partners; risks that the acquisition disrupts current plans and operations; our ability to successfully integrate ZecOps’ operations; our and ZecOps’ ability to execute on our business strategies relating to the acquisition and realize expected benefits and synergies; and our ability to compete effectively, including in response to actions our competitors may take following the acquisition. Further information on these and additional risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this release are included under the caption “Forward-Looking Statements” and elsewhere in our Form 10-Q for the quarter ended September 30, 2022 and other filings and reports we make with the Securities and Exchange Commission from time to time. Moreover, both we and ZecOps operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the acquisition, or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make. Forward-looking statements speak only as of the date the statements are made and are based on information available to us at the time those statements are made and/or our management's good faith belief as of that time with respect to future events. Except as required by law, we undertake no obligation, and do not intend, to update these forward-looking statements.

Media Contact:
Liarna La Porta | media@jamf.com

Investor Contact:
Jennifer Gaumond | ir@jamf.com

FAQ

What is the purpose of Jamf's acquisition of ZecOps?

The acquisition aims to enhance Jamf's mobile security capabilities and streamline mobile security investigations.

When was the acquisition of ZecOps by Jamf announced?

The acquisition was announced on November 17, 2022.

How does ZecOps' technology benefit Jamf?

ZecOps' technology strengthens Jamf's ability to detect and respond to sophisticated mobile threats.

What market trends does the acquisition respond to?

The acquisition addresses the increasing prevalence of mobile devices in the workplace and the rising threat of mobile cyber attacks.

What are the expected impacts of the acquisition on Jamf's future operations?

The acquisition is expected to improve operational efficiency and strengthen Jamf's market position in mobile security.