Announced
Completed
Financials
Tags
Acquisition
Israel
Cross Border
Completed
Private
identity verification
Software
Majority
Friendly
Single Bidder
Synopsis
Ping Identity, a provider of cloud identity security solutions, completed its acquisition of SecuredTouch, a developer of software solutions. Financial terms were not disclosed. "Identity isn’t just about knowing who customers are, it’s about knowing when someone is pretending to be a customer. As companies undergo massive digital transformation initiatives, the need for seamless, frictionless, and secure identity solutions to confidently understand both those situations is imperative. The acquisition of SecuredTouch accelerates our vision for cloud-delivered intelligent identity solutions that combat malicious behavior such as bots, emulators, and account takeover," Andre Durand, Ping Identity Founder and CEO.
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