CA Technologies has signed a definitive agreement to acquire privately-held Xceedium. The terms of the agreement were not disclosed. The transaction is expected to close within the quarter.
Acquiring Xceedium will extend CA’s security portfolio, giving customers a comprehensive solution for controlling and protecting IT administrator or other privileged user accounts from external attacks or insider mistakes and malicious misuse.
“Our digital world gives organizations tremendous opportunity. It also introduces additional regulatory demands and increased risk as bad actors penetrate our networks using stolen credentials which give them the proverbial ‘keys to the kingdom,’” said Steve Firestone, Senior Vice-President & Security General Manager, CA Technologies. “The CA and Xceedium combination will reinforce our leadership position in privileged identity management and offer customers a flexible approach .”Read more