[November 18, 2011] Aruba Networks to acquire Avenda Systems Tweet Nov 18, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- Aruba Networks, Inc., a provider of enterprise mobility solutions, has signed a definitive agreement to acquire Avenda Systems, Inc., a developer of network security solutions that securely connect users and their personal mobile devices to business network. Both the companies are based in the US. Earlier, Avenda Systems had secured venture financing from OVP Venture Partners. The acquisition is expected to close in the second quarter of 2012, ending January 31, 2012. Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2011-11-17 Deal Participants Target (Company) Avenda Systems, Inc. Acquirer (Company) Aruba Networks, Inc. Vendor (Company) Undisclosed Vendors Deal Rationale The acquisition will enhance Aruba's context-based networking by applying those policies across the entire access network, independent of access type or vendor and will also add device posture and deeper visibility into device profiles for a complete picture of the network connection. [ Back To TMCnet.com's Homepage ]