OneLogin acquired by One Identity
Owned by Quest Software, One Identity is an identity and access management (IAM) company. It has acquired the IAM platform OneLogin in a deal, where the terms are not disclosed yet.
OneLogin was founded in 2009 and boasts of marketing a range of identity products, including single sign-on, MFA, user provisioning, etc. The entity has some big customers’ names to its credit, including Airbus.
Quest Software was launched in 1987, and in 2012 Dell acquired the California-based company for $2.4 billion. One Identity was part of the parcel. Then in 2016, Dell sold its software business to Francisco Partners and Elliott Management, and in the middle of all this, One Identity emerged as an independent brand in 2017.
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One Identity provides identity-focused security products that include privileged access management (PAM), endpoint privilege management (EPM), identity governance and administration (IGA), log management, active directory management and security (ADMS), along with others. OneLogin’s recognized cloud-native IAM offering will help One Identity portray itself as a complete solution to identity security.
Bhagwat Swaroop, One Identity president, and general manager, stated in a press release that with the spread of human and machine identities, the quick transition to the cloud, and the intensification of remote working, identity is becoming the new edge. So protecting identity has never been more important. He added that by adding OneLogin to their group and including it into their identity security platform, they could help their customers to correlate all identities, authenticate things before allowing access to critical assets, and offer real-time visibility into doubtful actions.