Foxpass Acquisition: Improving Security
The deal is being positioned as a strategic acquisition for Splashtop, as it seeks to build an industry-leading remote access and security offering. The acquisition of Foxpass will allow the company to help its clients improve their security postures with powerful, enterprise-class Wi-Fi and server access management solutions, Splashtop said.Foxpass delivers a secure server and network access management solution that integrates with popular identity providers, including Microsoft O365, Google Workspace, and Okta, while its cloud RADIUS Server platform integrates with major Wi-Fi access point and virtual private network (VPN) providers, including Meraki, Ruckus, Apple, Aruba, Fortinet, Ubiquiti and others.As part of the acquisition, Splashtop says it will retain Foxpass employees and will invest significant resources to accelerate the Foxpass product roadmap.Hundreds of existing Foxpass customers, including Lyft, Segment, HackerOne and One Medical will join Splashtop’s roster of more than 250,000 customers.Splashtop Acquires Foxpass: Executive Insight
“The past few years have dramatically changed the ways that people and organizations work. As businesses continue to embrace the benefits of hybrid work, the risks to cybersecurity have only accelerated, and SMBs have become easy targets. We see identity management as a key foundation of security. There are natural synergies between Splashtop and Foxpass that will ensure companies can remain productive while addressing modern security challenges. Foxpass management has built a world-class solution set and a world-class culture, and we are thrilled to be able to bring the team on board.”
“As the leaders in secure remote access, the Splashtop team is building something very impressive. In today’s environment, you can’t have remote access without security deeply engrained, and Splashtop’s approach – putting security at the heart of their solution – has proven to be the right one. I’m excited for the Foxpass team to join Splashtop on their journey to delivering the industry’s most comprehensive remote access and security solutions.”
