Bomgar Completes Acquisition of Avecto
ATLANTA--(BUSINESS WIRE)--Aug 1, 2018--Bomgar, a leader in identity and access management solutions for privileged users, today announced it has completed its acquisition of Avecto, a global leader in endpoint privilege management.
On July 10, 2018, Bomgar announced a definitive agreement to acquire Avecto. The combined solution is set to be a market-disruptive force, allowing Bomgar to offer one of the industry’s most comprehensive Privileged Access Management solutions.
Bomgar’s Privileged Identity and Privileged Access portfolio secures privileged accounts and credentials, while also defending the remote access pathways abused by attackers. The addition of Avecto’s endpoint privilege management technology allows organizations to successfully remove local admin rights, and only elevate privileges for approved applications and actions. The combined solution enables global organizations of all sizes to fully implement the principle of least privilege and defend themselves against today’s most prevalent threats.
Terms of the agreement will not be disclosed. For more information about the acquisition, please visit the Bomgar blog.
Bomgar’s secure access solutions enable customers to easily support people, access and protect endpoints, and defend privileged credentials to fight cyber threats and speed business performance. More than 15,000 organizations around the globe use Bomgar to deliver superior support services and reduce threats to valuable data and systems. Bomgar clients include some of the world’s leading IT outsourcers, systems integrators, software vendors, healthcare organizations, government agencies, universities, financial institutions, and retailers. Bomgar is privately held with offices in Atlanta, Jackson, Washington D.C., Frankfurt, London, Paris, and Singapore. Connect with Bomgar at www.bomgar.com, the Bomgar Blog, or on Facebook, Twitter and LinkedIn.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180801005158/en/
Kevin Franks, +1 512-599-8251
Marketing Communications Manager
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SOFTWARE SECURITY
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PUB: 08/01/2018 09:00 AM/DISC: 08/01/2018 09:02 AM