Market Overview

Bomgar Completes Acquisition of Avecto

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  • Bomgar has officially completed the previously announced acquisition
    of Avecto.
  • Avecto adds market-leading Endpoint Privilege Management to Bomgar's
    Privileged Identity and Access solutions, resulting in a best-in-class
    Privileged Access Management (PAM) portfolio.

Bomgar, a leader in identity
and access management solutions
for privileged users, today
announced it has completed its acquisition of Avecto, a global leader in
endpoint privilege management.

On July 10, 2018, Bomgar announced a definitive agreement to acquire
Avecto. The combined solution is set to be a market-disruptive force,
allowing Bomgar to offer one of the industry's most comprehensive
Privileged Access Management solutions.

Bomgar's Privileged
Identity
and Privileged
Access
portfolio secures privileged accounts and credentials, while
also defending the remote access pathways abused by attackers. The
addition of Avecto's endpoint privilege management technology allows
organizations to successfully remove local admin rights, and only
elevate privileges for approved applications and actions. The combined
solution enables global organizations of all sizes to fully implement
the principle of least privilege and defend themselves against today's
most prevalent threats.

Terms of the agreement will not be disclosed. For more information about
the acquisition, please visit the Bomgar
blog
.

About Bomgar

Bomgar's secure access solutions enable customers to easily support
people, access and protect endpoints, and defend privileged credentials
to fight cyber threats and speed business performance. More than 15,000
organizations around the globe use Bomgar to deliver superior support
services and reduce threats to valuable data and systems. Bomgar clients
include some of the world's leading IT outsourcers, systems integrators,
software vendors, healthcare organizations, government agencies,
universities, financial institutions, and retailers. Bomgar is privately
held with offices in Atlanta, Jackson, Washington D.C., Frankfurt,
London, Paris, and Singapore. Connect with Bomgar at www.bomgar.com,
the Bomgar
Blog
, or on Facebook,
Twitter
and LinkedIn.

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