Open Systems Acquires Sqooba for SaaS Analytics

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Open Systems’ Secure Access Service Edge platform provides real-time visibility and data-based insights.

Secure Access Service Edge (SASE) pioneer Open Systems this weekannounced it has acquired Swiss-based data analytics firm Sqooba.  SASE brings together security and networking as a cloud service delivered to the edge and designed to minimize latency and improve application performance. It is compatible with both private and public cloud enviroments.

Sqooba uses AI and machine learning to provide real-time insights and visibility for enterprise operations and business applications.  Open Systems says the acquisition will enable them to add value to their services for companies in a variety of industries including aeronautics, logistics, renewable energy, networking, and security. Sqooba’s analytics technology will be added to Open Systems’ platform to improve its capabilities.

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“Sqooba’s extensive analytics capability is a natural addition to the broad network and security components of our SASE platform and will help us deliver business-critical insights to our customers. Acquiring Sqooba accelerates the 20-year lead we have over our competitors in developing our platform’s managed SD-WAN and security as a service,” said Jeff Brown, CEO of Open Systems. “The combination of our managed network and security solution with Sqooba’s analytics expertise will enable enterprises to gain real-time visibility into network and application performance, laying the foundation for a transition to a full SASE architecture.”

“We’re very excited to join Open Systems to bring analytics capability to their SASE platform to give customers a unified view into their network and applications performance and security posture to empower their organizations,” said Daniel Neuhaus, CEO of Sqooba.

Sqooba’s CEO will keep that role and the company will operate as a subsidiary of Open Systems, employing over 30 engineers and data scientists. The terms of the deal have not been disclosed.

Sue Walsh

About Sue Walsh

Sue Walsh is News Writer for RTInsights, and a freelance writer and social media manager living in New York City. Her specialties include tech, security and e-commerce. You can follow her on Twitter at @girlfridaygeek.

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