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Delinea Acquires Authomize To Strengthen Extended Pam By Detecting And Mitigating Identity And Access Threats In The Cloud

Jan 09, 2024almost 2 years ago

Acquiring Company

Delinea

Acquired Company

Authomize

San FranciscoAlpharettaComputer and Network Security

Description

Delinea, a leading provider of solutions that seamlessly extend Privileged Access Management (PAM), today announced it has acquired Authomize, an innovator in the detection and elimination of identity-based threats across the cloud. The continuous discovery and visibility capabilities of Authomize, married with Delinea's industry-leading SaaS solutions for PAM, will extend the Delinea Platform's reach for comprehensive privileged controls in the cloud while expanding its role to provide a strong defense against identity-based attacks such as account takeovers, insider threats, and lateral movement. CIEM and ITDR capabilities will be delivered through the cloud-native Delinea Platform, adding depth to its execution of the company's vision to extend PAM across the modern enterprise. The acquisition of Authomize also establishes a Delinea research and development (R&D) center in Israel.

Company Information

Company

Delinea

Location

San Francisco, California, United States

About

Delinea is a leading provider of Privileged Access Management (PAM) solutions for the modern, hybrid enterprise. The Delinea Platform seamlessly extends PAM by providing authorization for all identities, controlling access to an organization’s most critical hybrid cloud infrastructure and sensitive data to help reduce risk, ensure compliance, and simplify security. Delinea removes complexity and defines the boundaries of access for thousands of customers worldwide. Our customers range from small businesses to the world's largest financial institutions, intelligence agencies, and critical infrastructure companies.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed