Two companies that provide enterprises with privileged access management (PAM) services are coming together in an acquisition announced Thursday. Atlanta-based Bomgar is acquiring Phoenix-based BeyondTrust in a deal expected to close in October, the terms of which the companies did not disclose. Bomgar’s PAM service helps businesses manage the security of their credentials and systems, as well as secure remote access sessions. The company boasts 16,000 customers ranging from midsize to Fortune 100 companies. BeyondTrust has about 4,000 customers. “Both organizations bring talented employees who are passionate about protecting organizations from attacks related to privileged access,” said Bomgar CEO Matt Dricks in a press release. “The greater scale and resources of the combined company will allow us to accelerate innovation and deliver technology that protects our customers from constantly evolving threats.” BeyondTrust, based in Phoenix, provides a platform with similar services to Bomgar’s, including access management tools to help businesses secure […]
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