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Delinea completes acquisition of Fastpath, modernizing identity security with intelligent authorization

Apr 02, 2024•over 1 year ago

Acquiring Company

Delinea

Acquired Company

Fastpath

San FranciscoCyber SecurityInformation TechnologySoftware

Description

Delinea, a leading provider of solutions that seamlessly extend Privileged Access Management (PAM), has successfully acquired Fastpath. This acquisition modernizes identity security by integrating Fastpath's expertise in Identity Governance and Administration (IGA) and identity access rights into the Delinea Platform. The addition of Fastpath empowers customers to intelligently authorize interactions between all identities and data across diverse, complex IT environments.

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