European IP networking and cloud technology company Alcatel-Lucent has announced plans to acquire Mformation, a US provider of mobile and Internet of Things security and device management solutions.
Alcatel-Lucent will incorporate the New Jersey-based company into its IP platform offering for use across multiple industries including utilities, manufacturing and the digital home.
In a statement, Alcatel-Lucent said it will incorporate Mformation’s software products into its customer experience management product to provide an end-to-end device management solution across home, mobile and enterprise networks, said Bhaskar Gorti, president of Alcatel-Lucent’s IP Platforms business.
Mr Gorti said: “As connected devices become an ever increasing part of our social and economic fabric, we need to ensure that these devices, and the networks they navigate, are secure, reliable and efficient.
"Mformation’s cloud-enabled IoT platform will enable our customers to rapidly deploy IoT services that can be trusted and managed efficiently.”
Device security upgrades
The combination of Alcatel-Lucent’s Motive portfolio and Mformation together will allow network operators to manage any endpoint, establishing an end-to-end IoT “chain of trust”, Gorti said.
The company said in a statement that in the past six months alone more than 50 million IoT devices have been hacked or recalled.
In other news for Alcatel-Lucent this week, reports suggest that Nokia's US$17 billion deal to acquire the networking solutions provider could be finalised much sooner than the targeted mid-2016 closing initially announced.