Lookout Announces Sale of Its Cloud Security Business to Fortra

BOSTON--(BUSINESS WIRE)--Lookout, Inc., the leader in mobile endpoint security, today announced the sale of its Cloud Security line of business to Fortra, a company dedicated to breaking the cyber attack chain with advanced offensive and defensive security solutions. Under the terms of the agreement, Fortra will acquire all assets, intellectual property, and personnel associated with the business.

The divestiture reflects Lookout’s strategic focus on its core strength in Mobile Endpoint Security and positions both organizations for sustained long-term growth.

“Following this transaction, we will focus our resources and investments on Endpoint Security, where we see strong opportunities for growth and value creation,” said Jim Dolce, CEO of Lookout. “We’re confident Fortra is the right partner to advance Lookout’s Cloud Security business and continue delivering exceptional service to its customers.”

In March 2024, Lookout entered a strategic partnership with Fortra, enabling the launch of Fortra’s Digital Guardian Secure Service Edge (SSE) solution, built on the Lookout Cloud Security Platform. With fully trained teams actively selling and supporting the platform, Fortra is well-positioned to drive the business forward. The solution is already integrated into Fortra’s Data Protection Suite, alongside Digital Guardian DLP and Data Classification.

“Our top priority during this transition is to ensure a seamless experience for our Cloud (SSE) customers, partners, and employees,” said Dolce. “We know Fortra will continue to provide the high standards of service and support our customers and partners have come to expect.”

“We’re thrilled to welcome Lookout’s SSE solutions, customers, partners, and employees to Fortra,” said Matt Reck, CEO of Fortra. “This acquisition strengthens our cloud security capabilities and supports our strategic vision for continued focus on Fortra’s cybersecurity offerings.”

About Lookout

Lookout is the recognized leader in mobile security, trusted by governments, enterprises, and small businesses worldwide. The company pioneered the mobile security industry in 2009 and has built the largest and most advanced dataset in the market, protecting over 220 million devices and analyzing over 325 million apps. Powered by AI-driven mobile threat intelligence and supported by a world-class research team, Lookout delivers unmatched protection and proactive threat detection.

As mobile devices become the primary gateway to corporate identity and data, organizations face growing blind spots. Traditional security tools leave SOC teams without critical visibility into mobile risks, rendering them vulnerable to sophisticated cross-platform social engineering attacks. Lookout’s Mobile EDR closes this gap by providing real-time threat detection, investigation, and response, enabling security teams to stay ahead of evolving threats and keep their organizations safe. To learn more, visit www.lookout.com and follow Lookout on our blog, LinkedIn and X.

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About Fortra

Fortra provides advanced offensive and defensive security solutions that deliver comprehensive protection across the cyber kill chain. With complete visibility across the attack chain, access to threat intelligence spanning the globe, and flexible solution delivery, Fortra customers can anticipate criminal behavior and strengthen their defenses in real time. Break the attack chain at fortra.com.

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