Indus Khaitan co-founded Bitzer Mobile gets acquired by Oracle
Indus Khaitan is an entrepreneur and has been in the startup space for close to two decades. Associated with startups like Tejit, Veritas, and more which were acquired by bigger giants, he went on to be a part of The Morpheus Accelerator in India. After the initials years at The Morpheus, he moved to co-found Bitzer Mobile along with Ali Ahmed and Naeem Zafar in the Silicon Valley. “Corporate data is exciting to deal with as addressing security is of paramount concern to a CIO of a large enterprise. Solving this makes for a very good business case,” Indus told us when asked we him about venturing into the field.
In an announcement dated November 15th, 2013 on the Oracle website, Bitzer has been acquired by Oracle-
Oracle announced it has acquired Bitzer Mobile, a provider of mobile applications management solutions that allow organizations to provide employees access to corporate data and applications from their mobile devices, to address the growing security needs created by the bring your own device (BYOD) movement. Bitzer Mobile augments Oracle's industry-leading portfolio of Fusion Middleware products, and is expected to be a core component to its mobile security strategy. Together, Oracle and Bitzer Mobile are expected to provide organizations with a comprehensive solution to further manage security of enterprise information held on personal and company-owned mobile devices. The transaction has closed.
We reached out to Indus but more details haven't been disclosed at this point in time. Bitzer targets large to medium enterprises and was a 30 member team when we last spoke to them.
This development also comes after IBM's last week acquisition of enterprise mobility management provider, Fiberlink. This acquisition was done to fill the void of IBM's bring your own device management software. Fiberlink's cloud mobile management and security software will be integrated with IBM's MobileFirst suite.
Read the complete story about Bitzer.