Bomgar, a global provider of Privileged Access Management (PAM) solutions, has announced it has signed a definitive agreement to acquire BeyondTrust, a global provider of Privilege-Centric Security, from an affiliate of Veritas Capital, the company said.
The combined company, which will be called BeyondTrust, brings together proven innovators with a shared mission of securing privileged access and helping customers to defend themselves from cyber-attacks while increasing productivity.
Bomgar secures privileged credentials, remote access sessions, and endpoints, while empowering users to be more efficient and effective. BeyondTrust offers the most extensible PAM platform that enables organizations to scale privileged security as threats evolve across endpoint, server, IoT, cloud, and network device environments.
Earlier this year, Bomgar was acquired by Francisco Partners, a technology-focused private equity firm.
The combined company will be headquartered in Atlanta, GA.
Terms of the transaction, which is expected to close in October, were not disclosed.
Bomgar is a global provider of Privileged Access Management solutions that secure privileged credentials, sessions, and endpoints, while empowering your workforce to run at the speed and scale of business. Connect with Bomgar at www.bomgar.com.
BeyondTrust is a worldwide provider of Privilege-Centric Security, offering the most seamless and straightforward approach to preventing data breaches related to stolen credentials, hijacked insider accounts, and misused privileges.