Open Systems Acquires Sqooba for Analytics Expertise
The acquisition provides businesses with new capabilities that include a unified view of their network and app performance.
January 28, 2020
The acquisition of Swiss-based Sqooba, an AIOps provider, by Open Systems, a secure access service edge (SASE) vendor, based in Switzerland and California, allows Open Systems to add network and business analytics to its managed SD-WAN and security-as-a-service solution, the vendor announced Tuesday. Terms of the deal weren’t disclosed.
The new capabilities provide businesses with a unified view of their network, applications performance and security posture. Sqooba uses AI and machine learning (ML) to provide real-time visibility across the enterprise operations and business applications.
Open Systems’ Jeff Brown
“Sqooba’s extensive analytics capability is a natural addition to the broad network and security components of our SASE platform and will help us deliver business-critical insights to our customers. Acquiring Sqooba accelerates the 20-year lead we have over our competitors in developing our platform’s managed SD-WAN and security as a service,” said Jeff Brown, CEO of Open Systems. “The combination of our managed network and security solution with Sqooba’s analytics expertise will enable enterprises to gain real-time visibility into network and application performance, laying the foundation for a transition to a full SASE architecture.”
Sqooba will operate as a subsidiary of Open Systems with offices in Bern, Switzerland. The company employs more than 30 data scientists, machine learning and software engineers. Sqooba CEO, Daniel Neuhaus, will retain his role.
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“We’re very excited to join Open Systems to bring analytics capability to their SASE platform to give customers a unified view into their network and applications performance and security posture to empower their organizations,” said Neuhaus.
According to a recent Gartner report – “The Future of Network Security Is in the Cloud” – at least 40% of enterprises will have explicit strategies to adopt SASE, up from less than 1% at year-end 2018. Gartner defines SASE – secure access service edge – as an emerging offering combining comprehensive WAN capabilities with comprehensive network security functions (such as secure web gateway (SWG), cloud access security broker (CASB), firewall as a service (FWaaS) and zero-trust network access (ZTNA), to support the dynamic secure access needs of digital enterprises.
On a mission to build its MSP footprint globally, Open Systems in 2019 signed distribution agreements with distributor/master agents – Avant Communications in March and Telarus in November – allowing them to offer Open Systems’ managed SD-WAN and security offerings.
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