Zimperium Acquires Mobile Application Security Pioneer whiteCryption
Summary
Zimperium acquired whiteCryption from an investment group led by Intertrust, the pioneer in trusted computing and digital rights management (DRM) technology. “We are excited to join forces with whiteCryption, whose team has developed the most advanced mobile application code and key protection solutions available.” Zimperium customers will receive the following benefits from the expanded MAPS platform: • In-development App Scanning: MAPS zScan helps organizations continuously discover and fix compliance, privacy, and security issues prior to being published. “Zimperium and whiteCryption are a match made in heaven to heal a world full of increasing cyberthreats,” said Talal G. Shamoon, chief executive officer of Intertrust. “The combination of the two technologies will provide a powerful antidote to today’s increased threats in mobile and IoT, and we wish the combined Zimperium-whiteCryption team all the very best.” Intertrust took a 51% share in the venture in 2010, partnering with a Riga-based German and Latvian team of inventors, led by the German computer scientist and inventor Wulf Harder and his colleagues Stefan Weber and Uwe Resas. Founded in 1990, Intertrust is headquartered in Silicon Valley with regional offices in London, Tokyo, Mumbai, Bangalore, Beijing, Seoul, Riga, and Tallinn.
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