Ping Identity announced the acquisition of Sxip Access, a pioneering product for on-demand identity management. The deal enables Ping to accelerate its SaaS program and obtain proven technology for extending its flagship PingFederate product with the complementary Sxip Access feature set and deployment options. Ping Federate provides rapidly deployable software for secure Internet single sign-on (SSO). The Ping and Sxip technologies combine identity and access management solutions for software-as-a-service and federated identity.
The acquisition positions Ping Identity as a leader in secure Internet SSO, bolstering Ping's installed base and market share. With nearly 200 enterprise customers and staff distributed across the US, Europe, and now Canada, Ping Identity can solidify its market presence in the SaaS space, which Gartner estimates will grow at double the rate of the total enterprise application market though 2011.
"With the addition of Sxip Access capabilities to PingFederate, we'll be able to deliver to SaaS customers a comprehensive, secure, and easy-to-use federated identity solution that enables deployment in days rather than the months required with IdM suite vendor products. The collective technologies and additional talent also will allow us to deliver new features on our product roadmap at a significantly faster rate," said Andre Durand, CEO of Ping Identity Corporation.
"The trend is accelerating toward hosted applications in a software-as-a-service model and the workforce of a modern organization is more distributed than ever," said Gerry Gebel, vice president and service director, Identity and Privacy Strategies at Burton Group. "This growth will create significant management and security challenges for enterprises, requiring a combination of technical approaches as well as new attitudes regarding authentication and access management conventions."
Building on PingFederate's standards-based SAML technology, the additional benefits of the two solutions combined strengthen Ping's ability to meet all of the enterprise's secure Internet SSO needs. Based on customer feedback, Ping Identity will leverage Sxip Access' unique features for SaaS such as batch provisioning, Rich Client support for Salesforce desktop plugins, and deep linking. Additional information is available at http://pingidentity.com/sxip-access.
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