CyberArk, a publicly traded information security company, completed the acquisition of IDaptive Holdings, a US-based software developer, for $70m. "With cyber attacks on the rise, organizations need modern, comprehensive solutions to make better, continuous access and authorization decisions for the broadest range of users. With Idaptive, CyberArk will offer customers a SaaS-delivered, security-first approach to managing identities – with Privileged Access Management at its core – that reduces risk, simplifies operations and improves business agility. We are thrilled to welcome the Idaptive team to CyberArk," Udi Mokady, CyberArk Founder, Chairman and CEO.