Xconomy | Boston - Business + Technology in the Exponential Economy

BeyondTrust Acquired by Symark

BeyondTrust, a provider of software for managing IT access privileges for large businesses, has has been acquired by Symark International, according to a press release. Financial terms weren’t disclosed, but Dow Jones VentureWire has estimated the deal to be worth about $30 million, according to peHUB. The combined company will be called BeyondTrust and be based in Agoura Hills, CA, while BeyondTrust’s previous headquarters in Portsmouth, NH, is now listed as the combined outfit’s East Coast branch. The new firm says it provides privileged access software for users in Linux, Unix, and Windows computing environments.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.

Comments | Reprints | Share: