1Password Acquires Kolide, Combining Leading Identity Platform with Contextual Access Management to Secure the Modern Workforce
Feb 20, 2024•over 1 year ago
Acquiring Company
1Password
Acquired Company
Kolide
Description
1Password, the provider of the most-used enterprise password manager, has announced the acquisition of Kolide, a leader in device health and contextual access management. This acquisition aims to combine leading identity platform with contextual access management to secure the modern workforce, providing businesses with transformative and intuitive new security solutions in response to the rising security challenges of the modern workforce that now works from anywhere and on any device.
FundzWatch™ Score
61
High M&A Activity
M&A Insights
Based on deal dataIntegration 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