Mobile security consolidation as F-Secure buys Lookout’s consumer arm

Finnish cybersecurity company F-Secure is buying the consumer mobile security business of Lookout to boost its presence in the US market.
The enterprise value of the acquisition is $223 million and we’re told will triple F-Secure’s presence on the other side of the pond. Another primary aim of the move is boost F-Secure’s place in the tier-1 communications service provider market. The consumer mobile security product portfolios seem fairly similar, so there will be plenty of th