Liberty Strategic Capital nabs majority stake in mobile security startup Zimperium for $525M

Liberty Strategic Capital nabs majority stake in mobile security startup Zimperium for $525M

2 years ago
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https://techcrunch.com/2022/03/29/liberty-strategic-capital-nabs-majority-stake-in-mobile-security-startup-zimperium-for-525m/

Liberty Strategic Capital, the private equity firm launched last year by former treasury secretary Steven T. Mnuchin, announced today that it is acquiring a majority stake in mobile security startup Zimperium for $525 million.

With Zimperium, the firm takes a dive into mobile security, which Mnuchin sees at the front line of cyber security today. As he points out with employees using their own devices for years now, companies need to have a way to secure them, even when they don’t control the device directly.

Liberty Strategic Capital nabs majority stake in mobile security startup Zimperium for $525M

Mar 29, 2022, 5:29pm UTC
https://techcrunch.com/2022/03/29/liberty-strategic-capital-nabs-majority-stake-in-mobile-security-startup-zimperium-for-525m/ > Liberty Strategic Capital, the private equity firm launched last year by former treasury secretary Steven T. Mnuchin, announced today that it is acquiring a majority stake in mobile security startup Zimperium for $525 million. > With Zimperium, the firm takes a dive into mobile security, which Mnuchin sees at the front line of cyber security today. As he points out with employees using their own devices for years now, companies need to have a way to secure them, even when they don’t control the device directly.