Ping Identity Acquires UnboundID for Undisclosed Sum

  • Feed Type
  • Date
    8/2/2016
  • Company Name
    UnboundID
  • Mailing Address
    13809 Research Blvd Austin, TX 78750 USA
  • Company Description
    UnboundID is a leading platform provider for identity services, enabling companies to dynamically manage, protect, and share customer data in real-time across cloud, mobile and social applications.
  • Website
    http://www.unboundid.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition is designed to accelerate digital enterprise transformation initiatives and improve how companies acquire, engage, manage and retain customers across all channels and devices. It also improves Ping’s ability to provide enterprises with scalable solutions to manage IoT devices and secure partner access to corporate applications and data. Financial terms were not disclosed.

Trending on Xconomy