Announced
Financials
Sources
Tags
identity governance and administration software
Private Equity
United States
Acquisition
Domestic
Private
Pending
Friendly
Single Bidder
Software
Majority
Synopsis
Delinea, a provider of solutions that seamlessly extend privileged access management, agreed to acquire 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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