CA Technologies acquires Xceedium
CA Technologies, the systems software developer, announced Monday that it has completed its acquisition of Xceedium, a maker of privileged identity management tools. Terms of the deal were not disclosed.
Xsuite, its privileged identity management tool for hybrid IT environments, provides an identity-centric, proxy-based approach that gives a centralized point of authentication for administrators, brokering the release of credentials for shared administrative accounts and helping protect against theft, compromise or misuse.
CA officials say Xceedium technology will complement its Privileged Identity Manager's resource- or host-based access control approach, which focuses on controlling access to the server operating system and limits the scope for administrators to modify processes, configuration files or registries.
With data breaches an ongoing threat and compliance and audit demands only growing, together the tools will help protect privileged accounts from compromise, provide tightly-defined access controls, and enable monitoring of privileged user activity across an organization's entire hybrid IT infrastructure, further minimizing the risk of breaches, officials say.
"Our digital world gives organizations tremendous opportunity; it also introduces additional regulatory demands and increased risk as bad actors penetrate our networks using stolen credentials which give them the proverbial 'keys to the kingdom,'" said Steve Firestone, senior vice president and security general manager, CA Technologies, in a press statement. "The CA and Xceedium combination will reinforce our leadership position in privileged identity management and offer customers a flexible approach to managing privileged identity compliance and risk," he said.
"We're excited to join forces with CA to help deliver a next generation threat mitigation suite to the market that directly addresses these devastating data breaches and attacks," added Xceedium CEO Glenn Hazard.