By ensuring mobile device and application security from their design to their execution, Pradeo covers the entire spectrum of the mobile security chain.
[Paris] Pradeo in mobile fleet and application security enters into exclusive negotiations for the acquisition of Yagaan, an application security software company based in France. Thus, the mobile security leader is strengthening his path towards unifying cybersecurity services by providing comprehensive expertise and solutions in the fast-growing mobile security market.
In 2021, the global mobile security market was valued at $3.96 billion1 and the global application security market was valued at $6.95 billion2, with respective projections of +20.75% and +18.3% CAGR from 2021 to 2028.
Recognized as one of the leaders in its field by the largest international analyst firms and awarded multiple times for the ultra-relevance of its offer, Pradeo wanted to expand its technology with a strategic component dedicated to the testing of applications’ source code.
Pradeo’s objective is to become the sole contact for CISOs, application developers, auditors, device manufacturers and other cybersecurity stakeholders for all issues related to the protection of mobile applications and associated web services, as well as smartphones and tablets.
“With its European roots, Pradeo leverages its sensitivity to data privacy to take a global leadership position. The adoption of Pradeo’s mobile security solutions by Fortune 500 companies is a clear endorsement of its implementation,” said Nicholas J. Baugh, Best Practices Research Analyst at Frost & Sullivan.
Thanks to the acquisition of Yagaan, whose team has conceived and developed code mining, a disruptive technology for auditing applications’ source code, Pradeo is expanding its market share and consolidating its global development. Once again, the company proves its technological lead and can now take pride in mastering the entire mobile security value chain, from the design of mobile applications and associated web services (security by design) to the detection and response to threats targeting mobile devices.
Created in 2017, Yagaan…