Paul Weiss advised Liberty Strategic Capital, former U.S. Treasury Secretary Steven Mnuchin’s private equity firm, on its agreement to pay around $525 million for a majority stake in enterprise mobile security company Zimperium.
Orrick Herrington & Sutcliffe advised Dallas-based Zimperium on the transaction, expected to close in the second quarter.
Zimperium says its mobile cybersecurity platform helps enterprises secure their mobile endpoints and applications to protect sensitive data and infrastructure from attackers.
“It’s clear that mobile is the new front line for cybersecurity. We all need to increase our focus on the protection of mobile devices and applications,” said Mnuchin. ...
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