Oracle announced that it acquired Bitzer Mobile last week to address the security needs created by the Bring Your Own Device (BYOD) movement. Bitzer was founded by Ali Ahmed, Indus Khaitan and Naeem Zafar and had received funding of $4.83 million in 2011 from Acero Capital and Chevron Technology Ventures Investments and $1.5 million debt-funding earlier this year. The financial details of the acquisition were not disclosed.
The Journey took 999 days exactly and came down with a perfect landing – happiness at http://t.co/eojx8w3R7I
— Naeem Zafar (@naeem) November 16, 2013
Bitzer Mobile is a provider of mobile applications management solutions that allow organisations, provide employees access to corporate data and applications from their mobile devices. The company had released its Android and iOS app in November last year, for which it won the Best Mobile Security App category in the 2013 Security Products’ Govies Government Security competition. It had also achieved certification in the Secured by RSA Certified Partner Program for establishing interoperability between Bitzer’s BEAM solution and RSA SecurID authentication. It also needs to be noted that the company has worked with Oracle in the past to integrate Oracle’s Business Intelligence app to add a layer of security for enterprise customers.
The company had partnered with RSA, 3i Solutions, FishNet Security, INFORMAT, Mformation, Neohapsis, PROBITAS and Three Wire Systems for various solutions across the years.
A few days earlier IBM had acquired another player in the cloud-based mobility management, Fiberlink Communications, to improve its enterprise offering.