Arxan Technologies has bought mobile application management platform Apperian, which had raised $40m from backers including Intel Capital, for an undisclosed sum.

Intel Capital, the corporate venturing arm of semiconductor maker Intel, exited US-based mobile application management (MAM) technology developer Apperian yesterday in an acquisition of undisclosed size by cybersecurity software provider Arxan Technologies.

Founded in 2009, Apperian has built a platform that enables businesses to securely manage apps across their organisations, allowing unsecured devices, such as employees’ personal devices or those utilised by contract workers, to safely be used.

Joe Sander, Arxan’s chief executive, said: “The application security and management capabilities…