CA Technologies announced its deal to acquire Xceedium, a provider of privileged identity management solutions that protect on-premise, cloud and hybrid IT.
The strategy behind the acquisition of the privately held Xceedium, which was founded in 2000, is to extend CA Technologies’ security portfolio.
Steve Firestone, senior vice president and Security general manager, CA Technologies, said: “The CA and Xceedium combination will reinforce our leadership position in privileged identity management and offercustomers a flexible approach to managing privileged identity compliance and risk.”
Xsuite, the privileged identity management solution for hybrid IT, offers proxy-based approach. It provides a centralized point of authentication for administrators, brokering the release of credentials for shared administrative accounts without exposing them to the risk of theft, compromise, or misuse.
Enterprises can deploy Xsuite as a physical or virtual appliance or as an Amazon machine image, said CA Technologies. Xsuite helps address centralized shared account management for enhanced administrator accountability, administrative session recording for audit and incident forensics, and command filtering to limit the scope of administrator activity and network access.
Xceedium, headquartered in Herndon, Va., has offices in Jersey City, NJ, and Ottawa, Canada. It holds four patents in the area of privileged identity management and works with customers in finance, retail, manufacturing and federal government.