Thoma Bravo snares Ping Identity in $2.8 billion go-private deal

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In the latest move in a series of security-company acquisitions, private equity firm Thoma Bravo announced Wednesday that it has reached an arrangement to acquire IAM (identity and access management) firm Ping for a total sale price of $2.8 billion.

Ping Identity’s flagship product is its PingOne Cloud Platform, which acts as an underlying framework to orchestrate the company’s own security products for each step of the identity management process, as well as a way to centrally manage third-party identity solutions.

Thoma Bravo partner Seth Boro said in the announcement that Ping’s products make it well-suited to address the fast-changing needs of companies using identity management technology.

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Qualys adds external attack management capability to cloud security platform

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Cloud security and compliance software company Qualys on Wednesday announced it is adding external attack surface management (EASM) capabilities to the Qualys Cloud Platform.

The new capability will be integrated into Qualys CSAM (cybersecurity asset management) 2.0, an inventory monitoring and resolution tool to help security teams gain visibility into previously unknown internet-facing assets.

“Achieving full asset visibility remains one of cybersecurity’s most elusive goals,” said Sumedh Thakar, Qualys CEO, in a press release. ”CyberSecurity Asset Management 2.0 solves this by providing both the holistic, external attacker-level and internal view of the attack surface to address the increased threat landscape comprehensively.”

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