Open Systems acquires Sqooba adding network and business analytics to its platform

Acquistion NEW.jpeg

Open Systems, a secure access service edge (SASE) provider, has acquired Sqooba, a Swiss-based big data analytics company for an undisclosed sum.

Sqooba uses artificial intelligence (AI) and machine learning (ML) to provide real-time visibility across the enterprise operations and business applications.

“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,” said Jeff Brown, CEO of Open Systems. 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. 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.”

By adding these new capabilities to its platform, Open Systems adds network and business analytics to its managed SD-WAN and Security-as-a-Service solution.

Sqooba enables customers such as energy companies to collect data from wind turbines to improve asset management, a large airport ground service company to optimise logistics and retailers to enhance customers, as well as network and security companies to improve operations.

“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 organisations,” added Daniel Neuhaus, CEO of Sqooba.

As part of the takeover, Neuhaus will continue is his current roles as CEO of Sqooba as the company will operate as a subsidiary of Open Systems.

SASE is the convergence of networking and security that is delivered as a service from the cloud to an enterprise’s network edge. This solution supports enterprises’ digital transformations and their increasing use of mobile devices, edge computing and the cloud by minimising latency and other issues that impact application performance.

We use cookies to provide a personalized site experience.

By continuing to use & browse the site you agree to our Privacy Policy.
I agree