Bomgar Acquires BeyondTrust to Build Privileged Access Management Leadership
by Matt Dircks |
In my recent post announcing Bomgar’s acquisition of Avecto, I summarized our ambitions to lead the Privileged Access Management (PAM) market by stating “we’re only getting started.”
I wasn’t kidding. Today, I am pleased to announce that Bomgar is planning to acquire BeyondTrust, a recognized front-runner in the PAM industry.
BeyondTrust’s impressive pedigree as a cyber security vendor spans three decades. Over the years, the company has continuously delivered innovative solutions as it fought its way to the top of the highly competitive PAM field. Today, BeyondTrust’s 4,000 satisfied enterprise customers are testaments to its achievements.
But it’s not just BeyondTrust’s innovative technology and loyal customer base that attracted Bomgar. It’s also the company’s recognition as a top-tier performer by industry analysts; its established global partner network; its talented staff of cyber security professionals; and its exceptional, recognizable brand.
For all these reasons and more, we’ve decided that the combined company will carry forth under the BeyondTrust name, but with the same great Bomgar culture that’s earned us more than 16,000 loyal customers. The combined company will not only offer customers and partners a more powerful solution portfolio, but also accelerate innovation and increase resources for service and support.
The combined Bomgar / BeyondTrust entity will be a PAM industry leader from day one. And there’s no ceiling. PAM is an ascending sector of the security industry, and according to Gartner Vice President and Distinguished Analyst Neil MacDonald, a Top 10 Security Project for 2018. PAM solves the most common cyber security threats faced by organizations today: stolen or misused privileged credentials, excessive admin rights on endpoints, and unsecured remote access pathways. It’s applicable to companies in every vertical market segment and all regions worldwide.
We remain committed to delivering PAM and Remote Support solutions that help secure your organization while enabling users to quickly and efficiently access systems and support your business.
We will be sharing more about the combined company and solution portfolio in the coming weeks and months, but we’re already well on our way. Bomgar / BeyondTrust is not only here to stay; we’re here to lead, for a long time to come.