Virtualization Technology News and Information
Article
RSS
SailPoint Acquires Orkus and OverWatchID to Deepen Governance of Cloud Applications and Infrastructure

SailPoint Technologies Holdings, Inc., a leader in enterprise identity governance, announced it has completed the acquisition of two companies, Orkus and OverWatchID. With these two acquisitions, SailPoint is delivering on its mission to help organizations govern access to all applications, including the rapidly emerging cloud infrastructures on which their digital business are built.

"As the adoption of cloud applications and IaaS environments like AWS, Azure and Google Cloud continues to skyrocket, organizations today need to better address how they control access to these cloud resources to avoid introducing new areas of security, operational and regulatory risk," said Paul Trulove, Chief Product Officer, SailPoint. "With Orkus, we're addressing the increasingly dynamic nature of access in IaaS platforms, enabling customers to leverage AI and ML technologies to continuously monitor access relationships and patterns for every cloud resource. And with OverWatchID, we're adding a new dimension to SailPoint Predictive Identity by tapping into OverWatchID's use of activity information to improve the application of access controls, particularly in cloud-based environments."

Both Orkus and OverWatchID will be integrated into the SailPoint Predictive Identity Platform in the first half of 2020. Once the integration is complete, organizations of all sizes will have access to a new approach to governing cloud environments, one that takes advantage of AI and machine learning and integrates seamlessly into existing identity governance programs. Taken together, this will enable organizations to accelerate access decisions to sensitive cloud resources, detecting potential anomalies and better enforcing access policies across all users, while maintaining compliance across all enterprise infrastructures.

"With these acquisitions, SailPoint is once again driving the evolution of identity governance to keep pace with the speed of business," continued Trulove. "By deepening the governance of cloud infrastructures, we are expanding the definition and scope of what an identity governance platform should be capable of managing. SailPoint Predictive Identity is the comprehensive next generation cloud identity platform that organizations require today."

Total consideration for the two acquisitions was $37.5 million.

Published Friday, October 18, 2019 6:01 PM by David Marshall
Filed under:
Comments
There are no comments for this post.
To post a comment, you must be a registered user. Registration is free and easy! Sign up now!
top25
Calendar
<October 2019>
SuMoTuWeThFrSa
293012345
6789101112
13141516171819
20212223242526
272829303112
3456789