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Synopsis
Delinea, a provider of solutions that seamlessly extend privileged access management, completed the acquisition of Fastpath, an identity governance and administration and identity access rights company, from Pamlico Capital, a private equity company. Financial terms were not disclosed. "This strategic acquisition by Delinea heralds a new era in identity security, establishing pioneering standards for Privileged Access Management in an increasingly digital and interconnected world, where cybersecurity challenges are constantly evolving. The addition of Fastpath will empower the Delinea Platform to dynamically control authorizations by assessing user risk. This advanced approach is crucial for securing modern, distributed environments across infrastructure, applications, and data," Art Gilliland, Delinea CEO.
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