, CA Technologies to buy ID manager, Xceedium, Technology Times

CA Technologies to buy ID manager, Xceedium

CA Technologies to buy ID manager, Xceedium

0
Software developer, CA Technologies has said it is buying privately-held Xceedium Inc., a provider of privileged identity management solutions that protect on-premise, cloud and hybrid IT environments.
The companies did not disclose terms of the agreement but say the transaction is expected to close within this quarter.
CA Technologies identifies that recent mega breaches and growing compliance and audit demands have increased the need to control and manage the credentials and activities of privileged users who have unfettered access to high-value systems that store and process sensitive information.

[blockquote right=”pull-right”]“CA Technologies identifies that recent mega breaches and growing compliance and audit demands have increased the need to control and manage the credentials and activities of privileged users who have unfettered access to high-value systems that store and process sensitive information.”[/blockquote]

, CA Technologies to buy ID manager, Xceedium, Technology Times
Cloud Computing
CA Technologies reckons that acquiring Xceedium will extend CA’s security portfolio, giving customers a comprehensive solution for controlling and protecting IT administrator or other privileged user accounts from external attacks or insider mistakes and malicious misuse.
“Our digital world gives organizations tremendous opportunity; it also introduces additional regulatory demands and increased risk as bad actors penetrate our networks using stolen credentials which give them the proverbial ‘keys to the kingdom,’” said Steve Firestone, senior vice president and Security general manager, CA Technologies. “The CA and Xceedium combination will reinforce our leadership position in privileged identity management and offer customers a flexible approach to managing privileged identity compliance and risk.”
Advertising, CA Technologies to buy ID manager, Xceedium, Technology Times
Kayode Oladeinde Technology Journalist at Technology Times. Mobile: +234 (0) 7031526929