Barracuda acquires ZTNA provider Fyde for undisclosed sum

Barracuda acquires ZTNA provider Fyde for undisclosed sum

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Cloud-enabled security solutions provider Barracuda has acquired Fyde, a ZTNA provider based in Palo Alto, California, and Porto, Portugal to expand the Barracuda CloudGen SASE platform with ZTNA capabilities.

The company said the Fyde solution is available immediately as Barracuda CloudGen Access to businesses of all sizes.

It will be available in the coming weeks for Managed Service Providers, however, financial terms of the deal were not disclosed.

“Remote work is here to stay, cloud migrations are accelerating, and traditional corporate perimeters have disappeared,” said BJ Jenkins, President and CEO at Barracuda.

“Fyde offers a powerful ZTNA solution that works on any infrastructure, any device, and with any application on a corporate network.

“With this acquisition, Barracuda is providing distributed businesses a new way to modernize remote access, enforce global security and access policies, and achieve seamless connectivity without compromising productivity.”

Barracuda provides a portfolio of cloud-enabled network and application security solutions. In July 2020, Barracuda launched CloudGen WAN, a global SD-WAN service built natively on Microsoft Azure.

With the acquisition of Fyde, Barracuda now offers ZTNA solutions that use a modern approach to securing applications and devices by providing access control and device-based contextual security policies.

This acquisition expands the capabilities of Barracuda’s SASE offering to help customers with digital migrations to the public cloud.

According to Gartner, ZTNA improves the flexibility, agility, and scalability of application access.

Fyde’s innovative Zero Trust solution enables access to cloud or on-premises applications and workloads from any device and location.

“Fyde’s ZTNA solution addresses the security risks associated with traditional remote access by continuously verifying that only the right person, with the right device, and the right permissions can access company resources,” said the company.

“The solution is ideal to connect users directly to cloud-native and legacy corporate applications deployed in hybrid and multi-cloud environments.”

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