AP NEWS

Bomgar Completes Acquisition of BeyondTrust

October 4, 2018

ATLANTA--(BUSINESS WIRE)--Oct 4, 2018--Bomgar, a leader in Privileged Access Management (PAM) solutions, today announced it has completed the acquisition of BeyondTrust, a global leader in Privilege-Centric Security.

On September 13, 2018, Bomgar announced a definitive agreement to acquire BeyondTrust. The companies will operate as a combined entity under the name BeyondTrust. It will be headquartered in Atlanta, GA and led by Matt Dircks, current CEO of Bomgar.

The joint product portfolio delivers the complete spectrum of capabilities required of a best-in-class PAM solution to protect and secure privileged access: credential discovery and rotation, privileged session management, endpoint privilege management, secure remote access, and vulnerability management.

More than 19,000 organizations worldwide currently use the companies’ combined solutions to discover and secure privileged credentials, remove excessive admin rights on endpoints, and protect remote access pathways.

Terms of the agreement will not be disclosed. For more information about the acquisition, please read the blog post by CEO Matt Dircks.

About Bomgar

Bomgar is a global leader in Privileged Access Management solutions that secure privileged credentials, sessions, and endpoints, while empowering your workforce to run at the speed and scale of business. Bomgar offers the most comprehensive platform for enabling privileged and remote access, while defending organizations from constant and evolving threats. More than 16,000 customers and millions of users worldwide trust Bomgar to mitigate internal and external attacks, achieve compliance, and gain operational efficiency. Bomgar clients range from midsize to Fortune 100 companies and include some of the world’s most admired and valuable brands. Bomgar is headquartered in Atlanta, GA, with offices across the Americas, EMEA, and Asia Pacific. Connect with Bomgar at www.bomgar.com, the Bomgar Blog, or on Facebook, Twitter and LinkedIn.

About BeyondTrust

BeyondTrust is a worldwide leader in Privilege-Centric Security, offering the most seamless and straightforward approach to preventing data breaches related to stolen credentials, hijacked insider accounts, and misused privileges.

Our privileged access management platform is the most extensible on the market, enabling organizations to easily scale their privilege security programs as threats evolve across endpoint, server, cloud and network device environments. Only BeyondTrust unifies the industry’s broadest set of built-in capabilities with centralized management, reporting and analytics, empowering leaders to take decisive and informed actions to defeat attackers. This is backed by a flexible design that simplifies integration with other best-of-breed solutions and boosts the value of our customers’ IT security investments.

With BeyondTrust, organizations gain the visibility and control they need to confidently reduce risk, maintain productivity, and stay out of the headlines. We are trusted by over 4,000 customers and a global partner network. Learn more at www.beyondtrust.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181004005053/en/

CONTACT: Bomgar Contact:

Kevin Franks, +1 512-599-8251

Marketing Communications Manager

kfranks@bomgar.com

or

BeyondTrust Contact:

Michael Yaffe, +1 978-716-2687

VP, Marketing

myaffe@beyondtrust.com

KEYWORD: UNITED KINGDOM UNITED STATES EUROPE NORTH AMERICA GEORGIA IRELAND

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS DATA MANAGEMENT INTERNET NETWORKS SOFTWARE TELECOMMUNICATIONS SECURITY

SOURCE: Bomgar and BeyondTrust

Copyright Business Wire 2018.

PUB: 10/04/2018 09:00 AM/DISC: 10/04/2018 09:00 AM

http://www.businesswire.com/news/home/20181004005053/en

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