Apple enterprise management firm Jamf Holding Corp. today announced it has signed an agreement to acquire zero-trust cloud security startup Wandera Inc. for $400 million.

Founded in 2012, Wandera offers a unified cloud security solution pitched as protecting the modern workplace. The company enables zero-trust access to all customer applications to secure data and devices against cyberthreats and to help apply policies to filter internet access and reduce risk exposure.

Wandera says it believes in making security simple and in doing so offers a unified offering managed through a single console. In short, it offers zero-trust network access to software-as-a-service and internal applications to protect against discoverability and reachability of data and apps.

Wandera claims thousands of customers, including Banco Santander S.A., PepsiCo Inc., Eurostar International Ltd., Ernst & Young Global Ltd., General Electric Co., Mastercard Inc., PayPal Holdings Inc., Deloitte Touche Tohmatsu Ltd. and Toshiba Corp.

The acquisition of Wandera for Jamf expands on Jamf’s security offering for the enterprise. Specifically, it delivers Jamfs Zero Trust Network Access, mobile threat defense and data policy features to ensure mobile workers can simply and safely access the network resources they need while complying with organizational policies and reducing mobile charges.

“In order to lead Apple Enterprise Management and best serve the growing number of organizations using Apple at work, Jamf needs to fill the gap between what users want and what the enterprise requires,” Dean Hager, chief executive officer of Jamf, said in a statement. “The combination of Wandera and Jamf will provide our customers a single source platform that handles deployment, Application Lifecycle Management, policies, filtering and security capabilities across all Apple devices while delivering Zero Trust Network Access for all mobile workers.”

Under the terms of the acquisition offer, Wandera shareholders will receive an initial payment of $350 million, with the remaining $50 million to be paid over two tranches of $25 million in October and December.

Coming into its acquisition, Wandera had raised $53.5 million, according to data from Crunchbase. Investors included 83North, Sapphire Ventures, Bessemer Venture Partners, Greylock, Index Ventures, LocalGlobe and 14W.

Photo: Nasdaq/Twitter